A Job Candidate with an Offer from a Prominent Investment

question 70

Short Answer

A job candidate with an offer from a prominent investment bank wanted to estimate how many hours she would have to work per week during her first year at the bank. She took a sample of six first-year analysts, asking how many hours they worked in the last week. Construct a 95% confidence interval with her results: 64, 82, 74, 73, 78, and 87 hours.

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Definitions:

Moniz

António Egas Moniz, a Portuguese neurologist who is credited with developing the technique of prefrontal leucotomy, for which he shared the Nobel Prize in Physiology or Medicine in 1949.

Psychosurgery

A type of brain surgery used to alter mental state and behavior, historically including procedures like lobotomy.

Uncontrollable Seizures

Seizures that cannot be controlled or reduced by medication or other treatments.

Nerve Clusters

Nerve clusters refer to groups of nerve cells or neurons that aggregate in certain areas of the body, often functioning as control centers for certain physiological processes.