Question 1 Not yet answered Marked out of 500 p Flag question THIS AND THE NEXT PROBLEM REFER TO THE FOLLOWING INFORMATION: The ease of doing business in a country refers to the regulatory environment of starting and operation of a local fom. Time it takes to register company number of permits needed for different business activities, ease of registering property, time it takes to pay taxes etc are different aspects of the case of doing business. A researcher with the World Bank is interested in comparing the of starting a business in emerge and developed markets by analyzing the number of days it takes to register a company. For two samples of 14 emerging and developed markets, the researcher obtained the following sample information. Mean number of days were 22.69 and 8.13 and standard deviations were 20.68 and 5.47, respectively, for the emerging and developed market samples. Assume that the population variances are equal and the two populations are normally distributed In the blank space below, 1. Define/identify the populations in the problem 2. Specify the quantity parameter or function of parameters, the researcher needs to estimate B TE TE REFER TO THE INFORMATION IN THE PREVIOUS PROBLEM. The researcher is building a 90% confidence interval for the quantity you identified in the previous problem. a. The point estimator for the quantity you Identified in the previous problem is: b. The critical distribution value to be used in the confidence interval is: (Round to two decimal places). repeat (Round to two decimal places) c. The standard error of the point estimator of the quantity is (Round to two decimal places) d. The 90s confidence intervalis to Round to two decimal places) e. Based on the contidence interval. the researcher should conclude that companies take longer to to register in emerging markets than in developed markets on average. According to that it is easier to do business in emerging markets than in developed markets Tahle for Question 1 Not yet answered Marked out of 500 p Flag question THIS AND THE NEXT PROBLEM REFER TO THE FOLLOWING INFORMATION: The ease of doing business in a country refers to the regulatory environment of starting and operation of a local fom. Time it takes to register company number of permits needed for different business activities, ease of registering property, time it takes to pay taxes etc are different aspects of the case of doing business. A researcher with the World Bank is interested in comparing the of starting a business in emerge and developed markets by analyzing the number of days it takes to register a company. For two samples of 14 emerging and developed markets, the researcher obtained the following sample information. Mean number of days were 22.69 and 8.13 and standard deviations were 20.68 and 5.47, respectively, for the emerging and developed market samples. Assume that the population variances are equal and the two populations are normally distributed In the blank space below, 1. Define/identify the populations in the problem 2. Specify the quantity parameter or function of parameters, the researcher needs to estimate B TE TE REFER TO THE INFORMATION IN THE PREVIOUS PROBLEM. The researcher is building a 90% confidence interval for the quantity you identified in the previous problem. a. The point estimator for the quantity you Identified in the previous problem is: b. The critical distribution value to be used in the confidence interval is: (Round to two decimal places). repeat (Round to two decimal places) c. The standard error of the point estimator of the quantity is (Round to two decimal places) d. The 90s confidence intervalis to Round to two decimal places) e. Based on the contidence interval. the researcher should conclude that companies take longer to to register in emerging markets than in developed markets on average. According to that it is easier to do business in emerging markets than in developed markets Tahle for
