Question: Smaller Ships Larger Ships Interval Estimation for the Difference Between Formulas 93.4 81.2 Two Population Means, Sigma Known Case 84.11 85.67 87.48 83.52 Sample 1
Smaller Ships Larger Ships Interval Estimation for the Difference Between Formulas 93.4 81.2 Two Population Means, Sigma Known Case 84.11 85.67 87.48 83.52 Sample 1 Size 37 =COUNT(A:A) 83.06 88.79 Sample 2 Size 44 =COUNT(B:B) 91.6 80.4 72.96 82.81 Sample 1 Mean 84.59756757 =AVERAGE(A:A) 77.41 80.93 Sample 2 Mean 81.79181818 =AVERAGE(B:B) 85.78 74.96 Point Estimate for Mean Difference (2 decimals) 2.81 =ROUND(E7-E8,2) 80.77 91.72 89.8 78.4 Population 1 Standard Deviation 5.61317 85.45 82.73 Population 2 Standard Deviation 5.044391 86.53 81.63 80.84 89.23 Population 1 Variance 31.50767745 =E11^2 88.14 77.82 Population 2 Variance 25.44588056 =E12^2 87.3 91 83.37 85.14 Standard Error 1.195773523 =SQRT(E14/E4+E15/E5) 89.38 83.74 75.57 76.82 z-critical (2 decimals) 1.96 =ROUND(NORM.S.INV(1-0.05/2),2) 76.55 76.63 75.33 81.2 Margin of error (2 decimals) 33.32 =ROUND(E19*17,2) 85.61 82.33 90.97 74.93 C.I. Lower Limit (2 decimals) -30.51 =E9-E21 89.18 78.63 C.I. Upper Limit (2 decimals) 36.13 =E9+E21 88.05 74.91 93.81 83.08 83.33 74.95 89.84 81.86 81.78 81.36 86.21 87.81 91.4 85.18 72.74 86.88 90.37 74.85 76.99 75.21 79.67 81.72 84.61 82.75 84.8 86.59 85.92 75.24 86.33 80.44 83.87 81.54 85.7 78.81 79.53
I am trying to find the margin of error and confidence interval.
At 95% confidence, what is the margin of error?
What is a 95% confidence interval estimate of the difference between the population mean ratings for the two sizes of ships?
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