In: Math
Given two independent random samples with the following results: n1=18x‾1=141s1=13 n2=12x‾2=161s2=12
Use this data to find the 98% confidence interval for the true difference between the population means. Assume that the population variances are not equal and that the two populations are normally distributed.
Step 2 of 3 : Find the margin of error to be used in constructing the confidence interval. Round your answer to six decimal places.
Given ,
Sample 1 :
n1 = 18 , = 141 , s1 = 13
Sample 2 :
n2 = 12 , = 161 , s1 = 12
We have to find 98% confidence interval for the true difference between the population means.
Assume that the population variances are not equal.
We have to use t distribution because population standard deviations are not known.
Formula :
Where E is margin of error.
Where , is two tailed t critical value at given confidence level
Given confidence level = 98% = 0.98
Significance level = = 1- 0.98 = 0.02 , / 2 = 0.01
Now let's find degrees of freedom ( df ).
Since population variances are not equal and unknown , we need to use following formula to find df.
So critical value is ,
{ Using Excel , =TINV( , df ) , the function returns two tailed inverse of t distribution
=TINV(0.02 , 25.03160776 ) = 2.485107175 }
So margin of error is ,
Now , let's find confidence interval.
The 98% confidence interval for the true difference between the population means is ,