Using the summary statistics in Exercise 3, and assuming that the data come from a distribution that

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Using the summary statistics in Exercise 3, and assuming that the data come from a distribution that is normally distributed,
a) Find a 95% confidence interval for the mean difference in ages of houses in the two neighborhoods using the df given in Exercise 7.
b) Why is the confidence interval narrower than the one you found in Exercise 9?
c) Is 0 within the confidence interval?
d) What does it say about the null hypothesis that the mean difference is 0?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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