Question: if a problems ask to write confidence intervals write the...
If a problems ask to write confidence intervals, write the confidence interval using compound inequalities (double <) with appropriate statistical symbols. Also, properly label your answers.
14. A simple random sample of 40 salaries of NCAA football coaches has a mean of $415,953. Assume that standard deviation is $463,364 . Find the best point estimate of the mean salary of all NCAA football coaches, and construct a 99% confidence interval estimate of the mean salary of an NCAA football coach. Round to the nearest dollar.