Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following results for independent random samples taken from two populations. Sample 1 n1 = 20 Sample 2 n2 = 30 X 2 =

Consider the following results for independent random samples taken from two populations. Sample 1 n1 = 20 Sample 2 n2 = 30 X 2 = 20.7 X 1 = 22.3 $1 = 2.5 $ 2 = 4.4 a. What is the point estimate of the difference between the two population means (to 1 decimal)? b. What is the degrees of freedom for the t distribution (round down your answer to nearest whole number)? c. At 95% confidence, what is the margin of error (to 1 decimal)? d. What is the 95% confidence interval for the difference between the two population means (to 1 decimal)? If your answer is negative value, entre minus (-) sign. Use z-table.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Finance

Authors: Keith Pilbeam

2nd Edition

0333730976, 978-0333730973

More Books

Students also viewed these Finance questions