Question

Monthly rent paid by undergraduates and graduate students. Undergraduate Student Rents (n = 10) 800 730...

Monthly rent paid by undergraduates and graduate students.

Undergraduate Student Rents (n = 10)
800 730 900    650 720
800 770 700 1,040 680
Graduate Student Rents (n = 12)
1,140 880 890 860 800 920
  770 800 960 920 860 870

(a) Construct a 95 percent confidence interval for the difference of mean monthly rent paid by undergraduates and graduate students, using the assumption of unequal variances with Welch's formula for d.f. (Do not round the intermediate calculations. Round your final answers to 3 decimal places. Negative values should be indicated by a minus sign.)

The 95% confidence interval is from ____ to ____.

(b) What do you conclude?

  • We can conclude there is a significant difference in means for undergraduate and graduate rent.

  • We cannot conclude there is a significant difference in means for undergraduate and graduate rent.

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