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it is desired to estimate the mean total compensation of ceos in the service industry. data were randomly collected from 180 ceos and the 95% confidence interval was calculated to be ($2,181,260, $5,836,180). which of the following interpretations is correct? 95% of the sampled total compensation values fell between $2,181,260 and $5,836,180 we are 95% confident that the mean of the sampled ceos falls in the interval $2,181,260 to $5,836,180 in the population of the service industry ceos, 95% of them will have total compensations that fall in the interval $2,181,260 to $5,836,180 we are 95% confident that the mean total compensation for all ceos in the service industry falls in the interval $2,181,260 to $5,836,180
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