In order to compare the means of two populations, independent random samples of 400 observations are selected
Question:
In order to compare the means of two populations, independent random samples of 400 observations are selected from each population, with the following results: Sample 1 Sample 2 x1 = 5,275 x2 = 5,240 s1 = 150 s2 = 200
a. Use a 95% confidence interval to estimate the difference between the population means 1m1 - m22. Interpret the confidence interval.
b. Test the null hypothesis H0: 1m1 - m22 = 0 versus the alternative hypothesis Ha: 1m1 - m22 ≠ 0. Give the significance level of the test and interpret the result.
c. Suppose the test in part b was conducted with the alternative hypothesis Ha: 1m1 - m22 7 0. How would your answer to part b change? NW
d. Test the null hypothesis H0: 1m1 - m22 = 25 versus Ha: 1m1 - m22 ≠ 25. Give the significance level and interpret the result. Compare your answer with the test conducted in part
b. e. What assumptions are necessary to ensure the validity of the inferential procedures applied in parts a–d?
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich