A credit company has gathered information regarding the average amount (in $) owed by people under 30 years of age and by people over 30 years by taking independent random samples from both age groups. You are given the following information. Under 30 Over 30 615 563 in 185 277 362 401 Construct a 95% confidence interval for the difference between the population average amounts owed by the two age groups. (Use Under 30 – Over 30. Round your answers to the nearest cent.) $ to $
A credit company has gathered information regarding the average amount (in $) owed by people under 30 years of age and by people over 30 years by taking independent random samples from both age groups. You are given the following information. Under 30 Over 30 615 563 in 185 277 362 401 Construct a 95% confidence interval for the difference between the population average amounts owed by the two age groups. (Use Under 30 – Over 30. Round your answers to the nearest cent.) $ to $
MATLAB: An Introduction with Applications
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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![A credit company has gathered information regarding the average amount (in $) owed by people under 30 years of age and by people over 30 years by taking independent
random samples from both age groups. You are given the following information.
Under 30
Over 30
615
563
in
185
277
362
401
Construct a 95% confidence interval for the difference between the population average amounts owed by the two age groups. (Use Under 30 – Over 30. Round your answers
to the nearest cent.)
$
to $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa699e7c6-88e0-461e-b063-452cde2e5264%2F43843fcd-0381-413b-a1ea-b54af6d6cf7f%2F700g0bnr.png&w=3840&q=75)
Transcribed Image Text:A credit company has gathered information regarding the average amount (in $) owed by people under 30 years of age and by people over 30 years by taking independent
random samples from both age groups. You are given the following information.
Under 30
Over 30
615
563
in
185
277
362
401
Construct a 95% confidence interval for the difference between the population average amounts owed by the two age groups. (Use Under 30 – Over 30. Round your answers
to the nearest cent.)
$
to $
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