Consider the following results for two samples randomly taken from two normal populations.
Sample I
Sample II
Sample Size28
34
Sample Mean48
44
Population IPopulation IIStandard Deviation10
10
?
a.Develop a 90% confidence interval for the difference between the two population means.b.Is there conclusive evidence that one population has a larger mean? Explain.
What will be an ideal response?
?
a. | -.20 to 8.20 |
b. | No, because the range of the interval is from negative to positive. |
You might also like to view...
The most obvious risk to bond investors is that a company will fail and be unable to pay its debts
a. True b. False Indicate whether the statement is true or false
One type of compensation provided by the time value of money is compensation for expected consumption
Indicate whether the statement is true or false
A comparative scaling technique in which a respondent is presented with two objects at a time and asked to select one object in the pair according to some criterion is called paired comparison scaling
Indicate whether the statement is true or false
On June 8, Alton Co issued an $80,000, 6%, 120-day note payable to Seller Co What is the due date of the note?
A) October 8 B) October 7 C) October 6 D) October 5