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TABLE 11-6
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of 4 brands of bicycles. She took 3 of each brand and determined their maximum downhill speeds. The results are presented in miles per hour in the table below.
-Referring to Table 11-6, the test is valid only if the population of speeds is normally distributed.
Bootstrap Distribution
A sampling distribution estimated by resampling with replacement from an observed dataset, typically used to estimate the variability of a statistic.
Confidence Interval
An interval estimate that provides an upper and lower limit within which the true parameter of a population is expected to fall, with a specified probability.
Annual Salaries
The total earnings of an individual or employee over the course of a year, excluding bonuses or other additional payments.
Corporate Executives
High-ranking officials within a corporation who are responsible for making major decisions and implementing policies.
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