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John Calipari, head basketball coach for the 2012 national champion University of Kentucky Wildcats, is the...

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Statistics

John Calipari, head basketball coach for the 2012 nationalchampion University of Kentucky Wildcats, is the highest paid coachin college basketball, with an annual salary of $5.4 million. Thefollowing sample shows the head basketball coach's salary for asample of 10 schools playing NCAA Division I basketball. Salarydata are in millions of dollars.

Coach's salary for a sample of 10 schools
UniversityCoach's Salary
Indiana2.2
Xavier0.5
Texas2.4
Connecticut2.7
West Virginia2.0
Syracuse1.5
Murray State0.2
Florida State1.5
South Dakota State0.1
Vermont0.2

a. Use the sample mean for the 10 schools to estimate thepopulation mean annual salary for head basketball coaches atcolleges and universities playing NCAA Division I basketball.

b. Use the data to estimate the population standard deviationfor the annual salary for head basketball coaches.

c. What is the 95% confidence interval for the populationvariance?

d. What is the 95% confidence interval for the populationstandard deviation?

e. What is the 95% confidence interval for the populationmean?

Answer & Explanation Solved by verified expert
4.0 Ratings (569 Votes)
aFrom the given data the following statistics are calculated asfollowsn Sample Size 10 SampleMean 13310 133s Sample SD    See Answer
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