Political editorial writer Dee Bunker Fish is interested in campaign spending by current members of the state
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Ms. Fish has taken a simple random sample of 14 Republican members of state legislatures and a similar sample of 14 Democratic members. Carefully checking expenditures, Fish found that, in the last election, the Republicans in the sample spent an average of $ 7,800, with standard deviation of $ 1,400, while Democrats spent an average of $ 6,250, with standard deviation of $ 1,100. Build and interpret the 95% confidence interval to estimate the difference in average campaign expenditures for the two populations represented here. (Assume the two population distributions are normal, with equal standard deviations.).
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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