Mathematics, 10.05.2021 19:30 ItsLeyArt
The issues surrounding the levels and structure of executive compensation have gained added prominence in the wake of the financial crisis that erupted in the fall of 2008. Based on the 2006 compensation data obtained from the Securities and Exchange Commission (SEC) website, it was determined that the mean and the standard deviation of compensation for the 500 highest paid CEOs in publicly traded U. S. companies are $10.32 million and $9.78 million, respectively. An analyst randomly chooses 32 CEO compensations for 2006.
a. Is it necessary to apply the finite population correction factor? Explain.
b. Is the sampling distribution of the sample mean approximately normally distributed? Explain.
c. Calculate the expected value and the standard error of the sample mean.
d. What is the probability that the sample mean is more than $12 million?
Answers: 2
Mathematics, 21.06.2019 18:30, guillianaroberts
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Mathematics, 21.06.2019 22:00, meg7211
There are 3232 forwards and 8080 guards in leo's basketball league. leo must include all players on a team and wants each team to have the same number of forwards and the same number of guards. if leo creates the greatest number of teams possible, how many guards will be on each team?
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Mathematics, 21.06.2019 22:20, keyshawn437
Question 4 of 10 2 points what is the second part of the process of investigating a question using data? a. rephrasing the question o b. describing the data c. collecting the data o d. making an inference submit
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The issues surrounding the levels and structure of executive compensation have gained added prominen...
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