Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
tbparker tbparker
wrote...
Posts: 143
Rep: 0 0
A year ago

A credit company has gathered information regarding the average amount owed by people under 30 years old and by people over 30 years. Independent random samples were taken from both age groups. You are given the following information.

 

Under 30

Over 30

600

550

n

200

300

σ2

361

400


Construct a 95% confidence interval for the difference between the average amounts owed by the two age groups.

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
Read 45 times
1 Reply
Replies
Answer verified by a subject expert
psstone42psstone42
wrote...
Posts: 117
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tbparker Author
wrote...

A year ago
Thanks
wrote...

Yesterday
This helped my grade so much Perfect
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1236 People Browsing
Related Images
  
 57
  
 264
  
 291
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292

Previous poll results: How often do you eat-out per week?