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Summary statistics are given for independent simple random samples from two populations. Use the pooled t-intervalprocedure to obtain the specified confidence interval.
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Determine a confidence interval.
Wage Increase
A rise in the rate of pay employees receive for their work.
Leisure
Free time not taken up by work, during which individuals can engage in activities of their choice for relaxation or pleasure.
Income
Income earned from employment or investments, typically on a consistent basis.
Consumption
The use of goods and services by households, constituting one of the major components of GDP and a primary indicator of economic health.
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