Question: 35. A recent study shows that the average annual incomes of cardiologists and gastroenterologists based on random samples of 100 and 121 are $295,000 and
35. A recent study shows that the average annual incomes of cardiologists and gastroenterologists based on random samples of 100 and 121 are $295,000 and $305,000, respectively.
Furthermore, these samples yield sample standard deviations of $10,600 and
$12,800, respectively. Determine a 98% confidence interval for the difference μ1 − μ2 of the two population means.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
