It is desired to estimate to estimate the average total compensation of ceos in the service industry. data were randomly collected from 18 ceos and the 97% confidence interval was calculated to be ($2,181,260, $5,836,180). based on the interval above, do you believe the average total compensation of ceos in the service industry is more than $3,000,000?
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It is desired to estimate to estimate the average total compensation of ceos in the service industry...
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