Using the data in Exercises 6.22 and 6.23, the following data are the differences between each daughters

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Using the data in Exercises 6.22 and 6.23, the following data are the differences between each daughter’s ZIP-code income and her mother’s ZIP-code income.

Calculate a 95 percent confidence interval for the population mean of these differences. Does your confidence interval include zero?

Exercises 6.22

Data were obtained for 16,405 women who immigrated to the United States and their adult daughters at matching times of their lives [5]. The median income in the mothers’
and daughters’ ZIP codes were used to measure economic status. Consider this database to be a population, from which a random sample of 25 mothers was selected with these ZIP-code incomes. Calculate a 95 percent confidence interval for the population mean. Does your confidence interval include the actual value of the population mean, μ = 37,408?image text in transcribed

Exercises 6.23

The following data are the median ZIP-code incomes of the daughters of the random sample of 25 mothers in the preceding exercise. Calculate a 95 percent confidence interval for the population mean. Does your confidence interval include the actual value of the population mean, μ = 40,064?image text in transcribed

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