Examlex

Solved

Use the Two-Standard-Deviations F-Interval Procedure to Find the Required Confidence

question 89

Multiple Choice

Use the two-standard-deviations F-interval procedure to find the required confidence interval. Assume that independentsamples have been randomly selected from the two populations and that the variable under consideration is normallydistributed on both populations.
-A researcher obtained independent random samples of men from two different towns. She recorded the weights of the men. The results are summarized below:  Town A n1=61 Town B n2=31x1=165.1lbx2=159.5lbs=29.8lbs=25.2lb\begin{array} { l l } \frac { \text { Town A } } { \mathrm { n } _ { 1 } = 61 } & \frac { \text { Town B } } { \mathrm { n } _ { 2 } = 31 } \\\overline { \mathrm { x } } _ { 1 } = 165.1 \mathrm { lb } & \overline { \mathrm { x } } _ { 2 } = 159.5 \mathrm { lb } \\\mathrm { s } = 29.8 \mathrm { lb } & \mathrm { s } = 25.2 \mathrm { lb }\end{array}
Construct a 99%99 \% confidence interval for the ratio, σ1/σ2\sigma _ { 1 } / \sigma _ { 2 } , where σ1\sigma _ { 1 } is the population standard deviation of the weights of men from town A\mathrm { A } and σ2\sigma _ { 2 } is the population standard deviation of the weights of men from town BB .


Definitions:

Forward Contract

An individualized pact made between two entities to trade an asset on an agreed future date at a price set in the present.

Make Delivery

The process of fulfilling an order by providing the promised product or service to the buyer.

Accept Payment

The act of receiving money or other forms of payment in exchange for goods or services provided.

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as the threats to which they are exposed.

Related Questions