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MediumConfidence intervals
OpenStax, Introductory Statistics 2e §8.2 A Single Population Mean using the Student t Distribution · Exercise 31 · Statistics · Confidence intervals

A Single Population Mean using the Student t Distribution · Exercise 31

Forbes magazine published data on the best small firms in a certain year. These were firms that had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion. The shows the ages of the corporate CEOs for a random sample of these firms.


Use this sample data to construct a 90% confidence interval for the mean age of CEO’s for these top small firms. Use the Student's t-distribution.

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OpenStax, Introductory Statistics 2e · §8.2 A Single Population Mean using the Student t Distribution · Exercise 31

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