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(2 points) In order to compare the means of two populations, independent random samples of 49 observations are selected from
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Answer #1

using excel

we have

Z Test for Differences in Two Means
Data
Hypothesized Difference 0
Level of Significance 0.03
Population 1 Sample
Sample Size 49
Sample Mean 1
Population Standard Deviation 140 97% confidence interval
Population 2 Sample
Sample Size 49 margin of error 74.41924
Sample Mean 3
Population Standard Deviation 195 lower limit -76.4192
upper limit 72.41924
Intermediate Calculations
Difference in Sample Means -2
Standard Error of the Difference in Means 34.2932
Z Test Statistic -0.0583
Two-Tail Test
Lower Critical Value -2.1701
Upper Critical Value 2.1701
p-Value 0.9535
Do not reject the null hypothesis

a ) 97% confidence interval is

-76.4192 <u1-u2<72.4192

b ) i) the test stat z =-0.0583

ii) positive critical value = 2.1701

iii) negative critical value =-2.1701

conclusion is given by option B

c ) using excel

we have

Z Test for Differences in Two Means
Data
Hypothesized Difference 22
Level of Significance 0.03
Population 1 Sample
Sample Size 49
Sample Mean 1
Population Standard Deviation 140
Population 2 Sample
Sample Size 49
Sample Mean 3
Population Standard Deviation 195
Intermediate Calculations
Difference in Sample Means -2
Standard Error of the Difference in Means 34.2932
Z Test Statistic -0.6998
Two-Tail Test
Lower Critical Value -2.1701
Upper Critical Value 2.1701
p-Value 0.4840
Do not reject the null hypothesis

i) the test stat z =-0.6998

ii) positive critical value = 2.1701

iii) negative critical value =-2.1701

conclusion is given by option B

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