Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 (7 marks) For each of the following parts, determine the lower and upper limits of the confidence interval for the parameter requested along

Question 6 (7 marks)

For each of the following parts, determine the lower and upper limits of the confidence interval for the parameter requested along with the best estimate of that parameter. No concluding statement is required

  1. A random sample of size 100 from population 1 produced a proportion of successes of .45 while a sample of size 50 from population 2 produced a proportion of successes of .30. Calculate a 95% confidence interval for p1 - p2 and determine its best estimator.

2. A random sample of size 30 produced an average of 28.5 and a standard deviation of 4.2. Calculate a 90% confidence interval for and determine its best estimator. The value of the population variance was unknown.

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

Fundamentals Of Complex Analysis With Applications To Engineering And Science

Authors: Edward B Saff, Arthur D Snider

3rd Edition

0321997506, 9780321997500

More Books

Students also viewed these Mathematics questions

Question

=+10. What is the brand's character or personality?

Answered: 1 week ago