--%>
Assignment Help - homework help

Compute two sample standard deviations

Consider the following data for two independent random samples taken from two normal populations.

Sample 1 14 26 20 16 14 18

Sample 2 18 16 8 12 16 14

a) Compute the two sample means and the two sample standard deviations.

b) What is the point estimate of the difference between the two population means?

c) Assuming α = .10, conduct p-value based and critical-value based hypothesis tests for the equality

of means of the two populations.

d) What is the 90% confidence interval estimate of the difference between the two population means?

How do the results compare in all the three approaches to hypothesis testing?

 

E

Expert

Verified

Mean sample 1 = X1-bar = (14+26+20+16+14+18)/6 = 18

Mean sample 2 = X2-bar = (18+16+8+12+16+14)/6 = 14

Sample 1 SD = SD1

X1

X1-X1-bar

(X1-X1-bar)2

14

-4

16

26

8

64

20

2

4

16

-2

4

14

-4

16

18

0

0

Sum of (X1-X1-bar)2 = 104

S12 = 104/6-1

        = 20.8

SD1 =  = 4.56

Sample 2 SD = SD2

X2

X1-X1-bar

(X1-X1-bar)2

18

4

16

16

2

4

8

-6

36

12

-2

4

16

2

4

14

0

0

 

Sum of (X2-X2-bar)2 = 64

S22 = 64/6-1

        = 12.8

SD2 =  = 3.58

(b)

Point estimation of difference b/w two means = 18 - 14 = 4

(c)

t-test will be applied because sample size is small.

Hypothesis Formation

Null Hypothesis H0:    µ1 - µ2 = 0

Alternative Hypothesis H1:    µ1 - µ2 ≠ 0

t Statistic

t-statistic = (X1-bar  - x2-bar)/Sp

Where SP =

                  = 2.016

Critical value

Critical value of t with df=10 at 0.1 significance level = 1.812

Critical Region

Reject null hypothesis in favor of alternative if t is greater than t critical value of 1.812 or less than -1.812.

Computation

t-statistic = (18 - 14)/2.016

   = 5.95

Decision

Null hypothesis is rejected in favor of alternative as Z value is greater than Z critical value.

(d)

90% CI of difference between means = (18-14) - 1.812*2.016

                                                                    = 4 - 1.22 < µ < 4 + 1.22

                                                                    = 2.78< µ< 5.22

   Related Questions in Basic Statistics

  • Q : Creating Grouped Frequency Distribution

    Creating Grouped Frequency Distribution: A) At first we have to determine the biggest and smallest values. B) Then we have to Calculate the Range = Maximum - Minimum C) Choose the number of classes wished for. This is generally between 5 to 20. D) Find out the class width by dividing the range b

    		•
  • Q : State Littles Law Little’s Law : • L =

    Little’s Law: • L = λR = XR • Lq = λW = XW • Steady state system • Little’s Law holds as long as customers are not destroyed or&nbs

    		•
  • Q : Cumulative Frequency and Relative

    Explain differences between Cumulative Frequency and Relative Frequency?

    		•
  • Q : FIN512 Entrepreneurial Finance Chapter

      Chapter 6: Discussion Question: #4 p. 223  It is usually easier to forecast sales for a seasoned firm contrast to an early-stage venture because an early-stage venture has limited access to bank credit lines, sho

    		•
  • Q : Data Description 1. If the mean number

    1. If the mean number of hours of television watched by teenagers per week is 12 with a standard deviation of 2 hours, what proportion of teenagers watch 16 to 18 hours of TV a week? (Assume a normal distribution.) A. 2.1% B. 4.5% C. 0.3% D. 4.2% 2. The probability of an offender having a s

    		•
  • Q : Designing a system What are the

    What are the questions that comes into mind when designing a system?

    		•
  • Q : Time series what are the four

    what are the four components of time series?

    		•
  • Q : Problem on queuing diagram Draw a 

    Draw a queuing diagram for the systems below and describe them using Kendall’s notation: A) Single CPU system <

    		•
  • Q : Help An experiment is conducted in

    An experiment is conducted in which 60 participants each fill out a personality test, but not according to the way they see themselves. Instead, 20 are randomly assigned to fill it out according to the way they think a parent sees them (i.e. how a parent would fill it out to describe the participant

    		•
  • Q : Problem on Model Checking Part (a).

    Part (a). Draw a state diagram for a car with the following state variables: D indicating whether the car is in drive; B indicating the brake pedal is depressed; G indicating the gas pedal is depressed; and M indicating whether the car is moving. (For example, the sta

    		•