1,000) s1 = 4 s2 = 9 a) Determine the point estimate of the difference between the means -5 b) Determine the degrees of freedom for the interval estimation. 23 c) Develop a 90% confidence interval for the difference between the two population mean
1,000) s1 = 4 s2 = 9 a) Determine the point estimate of the difference between the means -5 b) Determine the degrees of freedom for the interval estimation. 23 c) Develop a 90% confidence interval for the difference between the two population mean
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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3.3) In order to estimate the difference between the average daily sales of two branches of a department store, the following data has been gathered. Suppose the normality and equal vairance assumptions hold. Let α = 0.01.
North Mall Store | Downtown Store | |
Sample Size | n1 = 10 days | n2 = 15 days |
Sample mean (in $1,000) | x1 = 20 | x2 = 25 |
Sample Standard Deviation (in $1,000) | s1 = 4 | s2 = 9 |
a) Determine the point estimate of the difference between the means
-5
b) Determine the degrees of freedom for the
23
c) Develop a 90% confidence interval for the difference between the two population mean.
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