Examine the following information: a. Construct a 95% confidence interval for 1 2. b. Calculate the

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Examine the following information:

Examine the following information:a. Construct a 95% confidence interval for

a. Construct a 95% confidence interval for μ1 €“ μ2.
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?

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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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