Question: 5. Statistical Inference: Condence Intervals File AEDEARNINGS.DTA includes data on years of education for a random sample of women aged 31} years in 2010. (a)

5. Statistical Inference: Condence Intervals File AEDEARNINGS.DTA includes data on years of education for a random sample of women aged 31} years in 2010. (a) Use command mean education to give a 95 percent condence interval for the population mean earnings of 3'0 yearold women. (b) New calculate the same 95 percent condence interval using the condence interval formula. You can get 3 from summarize education and t_025m_1 using function invttail (v,p)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
