In order to compare the means of two populations, inde-CE1 pendent random samples of 400 observations are

Question:

In order to compare the means of two populations, inde-CE1 pendent random samples of 400 observations are selected from each population, with the following results:
In order to compare the means of two populations, inde-CE1

a. Use a 95% confidence interval to estimate the difference between the population means (µ1, - µ2). Interpret the confidence interval.
b. Test the null hypothesis H0: (µ1, - µ2) = 0 versus the alternative hypothesis H0: (µ1 - µ2) ‰  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: (µ1 - µ2) > 0. How would your answer to part b change?
d. Test the null hypothesis H0. (µ1 - µ2) = 25 versus Ha: (µ1 - µ2) ‰  25. Give the significance level and interpret the result. Compare your answer to the test conducted in part b.
e. What assumptions are necessary to ensure the validity of the inferential procedures applied in parts a-d?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

Question Posted: