Determine a point estimate for the value of the difference


Cairns Sample 30, Average 616.19, SD 29.13

Towns Sample 37, Average 585.43, SD 38.72

Use cairns minus towns

  1. Determine a point estimate for the value of the difference in average weekly salary between the two groups (in dollars to 2 decimal places).
  2. Calculate the standard error for the difference between the means assuming that the workers' salaries in both locations are normally distributed and have the same population variance (in dollars to 2 decimal places). 
  3. Use Kaddstat to determine a 95% confidence interval for the difference between the average weekly salaries in Cairns and Townsville. lower limit and upper limit

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Determine a point estimate for the value of the difference
Reference No:- TGS02776252

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)