Examine the following information: a. Construct a 95% confidence interval for 1 2. b. Calculate the
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Examine the following information:
b. Calculate the test statistic that would be used to determine if μ1 - μ2 the upper confidence limit. Given this, what would the result of the test be if you wish to test μ1 - μ2 = Any value larger than the upper confidence limit?
c. Calculate the test statistic that would be used to determine if μ1 - μ2 = the lower confidence limit. Given this, what would the result of the test be if you wish to test μ1 - μ2 = any value smaller than the lower confidence limit?
d. Given your answers to parts b and c, how could you use the confidence interval to conduct a two-tailed hypothesis test?
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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