For problem construct a 95 confidence interval for the


Question: For problem, construct a 95% confidence interval for the difference between average catch in the two locations.

Problem: According to Fortune, there has been an average decrease of 86% in the Atlantic cod catch over the last two decades.18 Suppose that two areas are monitored for catch sizes and one of them has a daily average of 1.7 tons and a standard deviation of 0.4 ton, while the other has an average daily catch of 1.5 tons and a standard deviation of 0.7 ton. Both estimates are obtained from independent random samples of 25 days. Conduct a test for equality of mean catch and report your p-value.

Solution Preview :

Prepared by a verified Expert
Basic Statistics: For problem construct a 95 confidence interval for the
Reference No:- TGS02491705

Now Priced at $15 (50% Discount)

Recommended (93%)

Rated (4.5/5)