In: Statistics and Probability
Two types of plastics are suitable for use by an electronics component manufacturer. The breaking strength of these plastics is very important. From a random sample size of n1=18, and n2=16, we obtained that X1-bar=151.2, S1=1.4 and X2-bar=152.3, S2=1.65.
Calculate a 95% confidence interval on the ratio of variances.
With 95% confidence, what is the right-value of the two-sided confidence interval on the ratio of variances?
Your Answer:
Two types of plastics are suitable for use by an electronics component manufacturer. The breaking strength of these plastics is very important. From a random sample size of n1=18, and n2=16, we obtained that X1-bar=151.2, S1=1.4 and X2-bar=152.3, S2=1.65.
Calculate a 95% confidence interval on the difference in means, assuming that the population variances are equal.
With 95% confidence, what is the left-value of the two-sided confidence interval on the difference in means?
Your Answer:
Two types of plastics are suitable for use by an electronics component manufacturer. The breaking strength of these plastics is very important. From a random sample size of n1=18, and n2=16, we obtained that X1-bar=151.2, S1=1.4 and X2-bar=152.3, S2=1.65.
Calculate a 95% confidence interval on the difference in means, assuming that the population variances are equal.
With 95% confidence, what is the right-value of the two-sided confidence interval on the difference in means?
Your Answer:
A) At 95% confidence interval the critical values are
F() = F(0.025, 17, 15) = 2.813
F() = F(0.975, 17,15) = 0.367
The 95% confidence interval for is
<  <
= (1.4)^2/(1.65)^2 * (1/2.813) < < (1.4)^2/(1.65)^2 * (1/0.367)
= 0.2559 < < 0.2642
So the right value of the 95% confidence interval is 0.2642
B) The pooled variance(sp2) = ((n1 - 1)s1^2 + (n2 - 1)s2^2) /(n1 + n2 - 2) = (17 * (1.4)^2 + 15 * (1.65)^2)/(18 + 16 - 2) = 2.3174
Df = 18 + 16 - 2 = 32
At 95% confidence interval the critical value is t* = 2.037
The 95% confidence interval for is
() +/- t* * sqrt(sp2/n1 + sp2/n2)
= (151.2 - 152.3) +/- 2.037 * sqrt(2.3174/18 + 2.3174/16)
= -1.1 +/+ 1.0655
= -2.1655, -0.0345
The left value of the 95% confidence interval is -2. 1655.
The right value of the 95% confidence interval is -0.0345