3). Two sample cases. A business major student is given a data set in Spread-sheet "Question 5":Sample 1 (x): 6.59 8.74 7.75 5.79 1.39 5.62 5.51 2.96 4.48 4.08 0.48 6.54 6.50 8.73 2.849.32 9.72 0.37 4.34 8.08 2.27 3.34 4.08 5.52 3.27 6.59 8.74 7.75 5.79 1.39Sample 2 (y): 19.78 3.18 2.88 2.56 8.03 6.65 5.23 8.39 12.29 13.46 9.54 -0.36 1.62 3.54-0.16 9.73 6.11 13.46 10.72 14.45 8.77 10.25 7.62 10.38n=30,=x =158.55, 21047.298,της 24, Συ= 188.11,Στ2ΣΣ= = 2045.635.Assume that two populations are independent and normally distributed with means μ1,H2 and standard deviations 01, 02, respectively.(a) What is the point estimate of 1-2? What is the margin of error E associatedwith this estimate (use a = 0.05)?(b) Find 95% confidence interval for μ1 - 2.(c) Test Ho 1 μ2 = 0 vs H₁₁₂ <0 at a = 0.01.

Step 1: To estimate the product of the means 𝜇1𝜇2μ1μ2, you can use the point estimate…

Answered: 3). Two sample cases. A business major…

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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