In: Statistics and Probability
Given two independent random samples with the following results
: n1=16
x‾1=92
s1=24
n2=12
x‾2=130
s2=31
Use this data to find the 80% confidence interval for the true difference between the population means. Assume that the population variances are equal and that the two populations are normally distributed.
Step 1 of 3: Find the point estimate that should be used in constructing the confidence interval.
Step 2 of 3: Find the margin of error to be used in constructing the confidence interval. Round your answer to six decimal places.
Step 3 of 3: Construct the 80% confidence interval. Round your answers to the nearest whole number.
1)
Point estimate = (1 - 2) = 92 - 130 = -38
2)
Pooled standard deviation Sp = Sqrt [ (n1-1) S21 + (n2-1) S22 / n1 + n2 -2 ]
=sqrt [ 15 * 242 + 11*312 / 16 + 12 - 2 ]
= 27.182432
t critical value at 0.20 level with 26 df = 1.315
Margin of error E = t *Sp * sqrt (1 / n1 + 1 / n2)
= 1.315 * 27.182432 *Sqrt ( 1 / 16 + 1 / 12)
E = 13.650308
c)
80% Confidence interval is
(1 - 2) - E < 1 - 2 < (1 - 2) + E
-38 - 13.650308 < 1 - 2 < -38 + 13.650308
-52 < 1 - 2 < -24
80% CI is ( -52 , -24)