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State What the Given Confidence Interval Suggests About the Two

question 92

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State what the given confidence interval suggests about the two population means.
-A researcher was interested in comparing the heights of women in two different countries. Independent simple random samples of 9 women from country A and 9 women from country B yielded the following heights (in inches) .

 Country A  Country B 65.364.160.266.461.761.765.862.061.067.364.664.960.064.765.468.059.063.6\begin{array}{c|c}\text { Country A } & \text { Country B } \\\hline 65.3 & 64.1 \\60.2 & 66.4 \\61.7 & 61.7 \\65.8 & 62.0 \\61.0 & 67.3 \\64.6 & 64.9 \\60.0 & 64.7 \\65.4 & 68.0 \\59.0 & 63.6\end{array}

The following 90%90 \% confidence interval was obtained for μ1μ2\mu _ { 1 } - \mu _ { 2 } , the difference between the mean height of women in country A and the mean height of women in country B. 4.34- 4.34 in. <μ1μ2<0.03< \mu _ { 1 } - \mu _ { 2 } < - 0.03 in What does the confidence interval suggest about the population means?


Definitions:

International Cartel

An agreement amongst businesses or organizations from different countries aimed at controlling production, setting prices, or limiting competition in the international market.

Marginal Cost

The increment in comprehensive cost derived from the fabrication of an additional unit of a product or service.

Production Rates

The speed at which goods are manufactured or produced within a given time frame, often measured to assess efficiency and productivity levels.

Kinked Demand Curve

A theory in economics which suggests that price increases will not be followed by competitors in an oligopolistic market, leading to a situation where a firm faces a steeper demand curve for price increases and a more elastic demand curve for price decreases.

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