In order to compare the means of two populations, inde-CE1 pendent random samples of 400 observations are
Question:
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?
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich