Deliverable 3 – Confidence Intervals
Develop a confidence interval for a population parameter.Get Your Custom Essay Written From ScratchHello Students, Our team can help you complete your assignments and reduce the stress of studying. We here provide you a highly qualified team who can help you in many works like thesis,reports,assignments,online exams and many more. Our team is available to help you 24x7 worldwide. We work around the clock to ensure students get high quality work at affordable rates and are on time. To ensure that the work is authentic, we offer plagiarism-free work.
Student Success Criteria
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Scenario (information repeated for deliverable 01, 03, and 04)
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
- A listing of the jobs by title
- The salary (in dollars) for each job
- Deliverable 3 – Confidence Intervals.xlsx
You have previously explained some of the basic statistics to your client already, and he really liked your work. Now he wants you to analyze the confidence intervals.
Background information on the Data
The data set in the spreadsheet consists of 364 records that you will be analyzing from the Bureau of Labor Statistics. The data set contains a listing of several jobs titles with yearly salaries ranging from approximately $30,000 to $200,000 for the state of Minnesota.