Question

Annual profit was measured for a group of electrical equipment companies and a group of food...

Annual profit was measured for a group of electrical equipment companies and a group of food and drug stores. The following data was calculated: Elec companies: x1= 5.6, s1= 1.0, n1= 15 Food & drug stores: x2= 2.5, s2= 0.9, n2= 12 Assume the populations are normal and have equal standard deviations. Find a 99% confidence interval for the difference between the mean profits of the two types of companies Please show work if possible!!!! The answers are (2.07,4.13) sp=.9573 df=25, i just dont know how to get them.

Homework Answers

Answer #1

Annual profit was measured for a group of electrical equipment companies and a group of food and drug stores. The following data was calculated: Elec companies: x1= 5.6, s1= 1.0, n1= 15 Food & drug stores: x2= 2.5, s2= 0.9, n2= 12 Assume the populations are normal and have equal standard deviations. Find a 99% confidence interval for the difference between the mean profits of the two types of companies

Please show work if possible!!!!

The answers are (2.07,4.13) sp=.9573 df=25, i just dont know how to get them.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. The following data represent petal lengths (in cm) for independent random samples of two species...
1. The following data represent petal lengths (in cm) for independent random samples of two species of Iris. Petal length (in cm) of Iris virginica: x1; n1 = 35 5.1 5.9 6.1 6.1 5.1 5.5 5.3 5.5 6.9 5.0 4.9 6.0 4.8 6.1 5.6 5.1 5.6 4.8 5.4 5.1 5.1 5.9 5.2 5.7 5.4 4.5 6.4 5.3 5.5 6.7 5.7 4.9 4.8 5.9 5.1 Petal length (in cm) of Iris setosa: x2; n2 = 38 1.5 1.9 1.4 1.5 1.5...
The following data represent petal lengths (in cm) for independent random samples of two species of...
The following data represent petal lengths (in cm) for independent random samples of two species of Iris. Petal length (in cm) of Iris virginica: x1; n1 = 35 5.1 5.5 6.2 6.1 5.1 5.5 5.3 5.5 6.9 5.0 4.9 6.0 4.8 6.1 5.6 5.1 5.6 4.8 5.4 5.1 5.1 5.9 5.2 5.7 5.4 4.5 6.4 5.3 5.5 6.7 5.7 4.9 4.8 5.8 5.1 Petal length (in cm) of Iris setosa: x2; n2 = 38 1.4 1.6 1.4 1.5 1.5 1.6...
The following data represent petal lengths (in cm) for independent random samples of two species of...
The following data represent petal lengths (in cm) for independent random samples of two species of Iris. Petal length (in cm) of Iris virginica: x1; n1 = 35 5.0 5.7 6.2 6.1 5.1 5.5 5.3 5.5 6.9 5.0 4.9 6.0 4.8 6.1 5.6 5.1 5.6 4.8 5.4 5.1 5.1 5.9 5.2 5.7 5.4 4.5 6.4 5.3 5.5 6.7 5.7 4.9 4.8 5.8 5.2 Petal length (in cm) of Iris setosa: x2; n2 = 38 1.6 1.6 1.4 1.5 1.5 1.6...
The following data represent petal lengths (in cm) for independent random samples of two species of...
The following data represent petal lengths (in cm) for independent random samples of two species of Iris. Petal length (in cm) of Iris virginica: x1; n1 = 35 5.3 5.9 6.5 6.1 5.1 5.5 5.3 5.5 6.9 5.0 4.9 6.0 4.8 6.1 5.6 5.1 5.6 4.8 5.4 5.1 5.1 5.9 5.2 5.7 5.4 4.5 6.4 5.3 5.5 6.7 5.7 4.9 4.8 5.7 5.2 Petal length (in cm) of Iris setosa: x2; n2 = 38 1.6 1.9 1.4 1.5 1.5 1.6...
Construct a 99% confidence interval for mu 1 minus mu 2μ1−μ2 with the sample statistics for...
Construct a 99% confidence interval for mu 1 minus mu 2μ1−μ2 with the sample statistics for mean cholesterol content of a hamburger from two fast food chains and confidence interval construction formula below. Assume the populations are approximately normal with unequal variances. Stats x overbar 1 equals 134 mg comma s 1 equals 3.64 mg comma n 1 equals 20x1=134 mg, s1=3.64 mg, n1=20 x overbar 2 equals 88 mg comma s 2 equals 2.02 mg comma n 2 equals...
Q1: A random sample of 390 married couples found that 290 had two or more personality...
Q1: A random sample of 390 married couples found that 290 had two or more personality preferences in common. In another random sample of 570 married couples, it was found that only 36 had no preferences in common. Let p1 be the population proportion of all married couples who have two or more personality preferences in common. Let p2 be the population proportion of all married couples who have no personality preferences in common. (a) Find a 95% confidence interval...
1. A city official claims that the proportion of all commuters who are in favor of...
1. A city official claims that the proportion of all commuters who are in favor of an expanded public transportation system is 50%. A newspaper conducts a survey to determine whether this proportion is different from 50%. Out of 225 randomly chosen commuters, the survey finds that 90 of them reply yes when asked if they support an expanded public transportation system. Test the official’s claim at α = 0.05. 2. A survey of 225 randomly chosen commuters are asked...