The average hourly earnings of production workers in manufacturing industries in 15 eastern and southeastern states as of November 1975 are given below*: (a) Find a 90% confidence interval for µ, the...



The average hourly earnings of production workers in manufacturing industries in 15 eastern and southeastern states as of


November 1975 are given below*:


(a) Find a 90% confidence interval for µ, the true average


hourly earnings in these states assuming normality.


(b) Find an approximate 90% confidence interval for n, the true


median hourly earnings in these states.


(c) Which interval would you prefer. Why?



May 26, 2022
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