(A)Use Excel to Obtain a Simple Random Sample of Size

question 63

Essay

(A)Use Excel to obtain a simple random sample of size 10 from this frame.
(B)Using the sample generated in (A),construct a 95% confidence interval for the mean average annual household income level of citizens in the selected U.S.cities.Assume that the population consists of all average annual household income levels in the given frame.
(C)Interpret the 95% confidence interval constructed in (B).
(D)Does the 95% confidence interval contain the actual population mean? If not,explain why not.What proportion of many similarly constructed confidence intervals should include the true population mean value?

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