In: Statistics and Probability
a)
We need to construct the 95% confidence interval for the ratio of the two population variances. The following sample information is provided:
Sample Standard Deviation 1 | 2.5 |
Sample Size 1 | 20 |
Sample Standard Deviation 2 | 2.7 |
Sample Size 2 | 30 |
The critical values for α=0.05 and df_1 = n_1 - 1 = 20 - 1 = 19 and df_2 = n_2 - 1 = 30 - 1 = 29 degrees of freedom are:
The corresponding 95\%95% confidence interval is computed as follows:
CI = (0.3842, 2.0593)
We need to construct the 95% confidence interval for the difference between the population means μ1−μ2, for the case that the population standard deviations are not known. The following information has been provided about each of the samples:
Sample Mean 1 | 3 |
Sample Mean 2 | 2.8 |
Based on the information provided, we assume that the population variances are equal, so then the number of degrees of freedom are df = n_1 + n_2 -2 = 20 + 30 - 2 = 48
The critical value for α=0.05 and df = 48 degrees of freedom is t_c = 2.011. The corresponding confidence interval is computed as shown below:
Since the population variances are assumed to be equal, we need to compute the pooled standard deviation, as follows:
Since we assume that the population variances are equal, the standard error is computed as follows:
Now, we finally compute the confidence interval:
CI = (-1.322, 1.722)