Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Please explain how to obtain the folllowing:

The following information is obtained from two independent samples selected from two normally distributed populations.

n1=18¯x1=7.82σ1=2.35n2=15¯x2=5.99σ2=3.17n1=18x¯1=7.82σ1=2.35n2=15x¯2=5.99σ2=3.17

  1. What is the point estimate of μ1-μ2μ1-μ2?
  2. Construct a 99% confidence interval for μ1-μ2μ1-μ2. Find the margin of error for this estimate.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92695693
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

How do you find the forward discountpremium on the foreign

How do you find the Forward Discount/Premium on the foreign currency for 7.4 & 7.5?

After 5 years at her company katy just got promoted and

After 5 years at her company, Katy just got promoted and decided to buy a new house worth $230,000. She can pay 10% up front for the down payment, then apply for a 30-year mortgage, 6.6% annual rate for the remaining bal ...

The random variablenbspxnbsptakes on the values 5 20 30 and

The random variable  X  takes on the values 5, 20, 30, and 200 with probabilites 0.60, 0.30, 0.08, and 0.02 respectively.  Use the statistical capacity of your calculator to find the expected value of  X rounded to one p ...

On valentines day thenbspquiet nooknbsprestaurant offers

On Valentine's Day the  Quiet Nook  restaurant offers a  Lucky Lovers Special  that could save couples money on their romantic dinners. When the waiter brings the check he also brings a scratch-off ticket that the couple ...

The average or par score for an 18 hole golf course is

The average, or "par" score for an 18 hole golf course is 72. The score is computed by counting the number of swings, or "strokes" a player must make with their club to hit the ball into each of the 18 holes on the golf ...

Explain how the company newmans own brand fulfills the

Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...

Shekhar plans to invest 1820 in a mutual fund at the end of

Shekhar plans to invest $1,820 in a mutual fund at the end of each of the next six years. If his opportunity cost rate is 8 percent compounded annually, how much will his investment be worth after the last annuity paymen ...

The speed of cars on a stretch of road is normally

The speed of cars on a stretch of road is normally distributed with an average 42 miles per hour with a standard deviation of 5.9 miles per hour. What is the probability that a randomly selected car is violating the spee ...

A research a research institute conduct the clinical trials

A research a research institute conduct the clinical trials of a method designed to increase the probability of conceiving a boy. Amount 170 to babies born to parents using the method. 146 for boys. Identify the margin o ...

A child care center wants to determine if there is a

A child care center wants to determine if there is a relationship between how long a child naps in minutes (20,21,22,23,24,etc.,etc) and incidents of aggression (1,2,3,4,etc.,etc). What type of statistical test should be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As