A Single Population Mean Using the Student's t-Distribution · Exercise 31
A major business magazine published data on the best small firms in 2012. These were firms that have 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. shows the ages of the corporate CEOs for a random sample of these firms.
Use the sample data to construct a 90 percent confidence interval for the mean age of CEOs for these top small firms. Use the Student's t-distribution.
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OpenStax, Statistics · §8.2 A Single Population Mean Using the Student's t-Distribution · Exercise 31
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