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State What the Given Confidence Interval Suggests About the Two

question 179

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State what the given confidence interval suggests about the two population means.
-A researcher was interested in comparing the resting pulse rates of people who exercise regularly and people who do not exercise regularly. Independent simple random samples were obtained of 16 people who do not
Exercise regularly and 12 people who do exercise regularly. The resting pulse rate (in beats per minute) of each Person was recorded. The summary statistics are as follows.  Do Not Exercise  Do Exercise xˉ1=72.5 beats /minxˉ2=68.5 beats /mins1=10.4 beats /mins2=8.9 beats /minn1=16n2=12\begin{array} { | r | r | } \hline \text { Do Not Exercise } & \text { Do Exercise } \\\hline \bar { x } _ { 1 } = 72.5 \text { beats } / \mathrm { min } & \bar { x } _ { 2 } = 68.5 \text { beats } / \mathrm { min } \\\mathrm { s } _ { 1 } = 10.4 \text { beats } / \mathrm { min } & \mathrm { s } _ { 2 } = 8.9 \text { beats } / \mathrm { min } \\\mathrm { n } _ { 1 } = 16 & \mathrm { n } _ { 2 } = 12 \\\hline\end{array}

Construct a 90% confidence interval for the difference between the mean pulse rate of people who do not Exercise regularly and the mean pulse rate of people who exercise regularly.


Definitions:

Vesting Period

The time period an employee must wait before gaining access to the employer's contributions in a pension plan or stock options.

Incremental Fair Value

The additional amount that a company expects to earn from acquiring a new asset over its current market value.

Vesting Period

The period of time an employee must wait until they have the full right to exercise their stock options or benefits.

Exercise Price

The price at which the holder of an option can buy (for a call option) or sell (for a put option) the underlying security or commodity.

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