You have two independent samples with estimates and standard errors b1 1.4, s b1

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You have two independent samples with estimates and standard errors bµ1 Æ 1.4, s

¡bµ1

¢

Æ

0.2, bµ2 Æ 0.7, s

¡bµ2

¢

Æ 0.3. You are interested in the difference ¯ Æ µ1 ¡µ2.

(a) Find b¯.

(b) Find a standard error s

¡ b¯

¢

.

(c) Calculate a 95% asymptotic confidence interval for ¯.

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