This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In order to estimate the difference between the average mortgages in the southern and the northern ... (Read 61 times)

tspaw0811

  • Full Member
  • ***
  • Posts: 165
on: Mar 25, 2023

In order to estimate the difference between the average mortgages in the southern and the northern states of the United States, the following information was gathered.
 

 

South

North

Sample Size

40

45

Sample Mean (in $1,000)

$170

$175

Sample Standard Deviation (in $1,000)

$5

$7


 

a.Compute the degrees of freedom for the t distribution.
b.Develop an interval estimate for the difference between the average of the mortgages in the South and North. Let Alpha = 0.03.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tspaw0811 on Mar 25, 2023

GoldenBrown

  • Full Member
  • ***
  • Posts: 166
Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


tspaw0811

  • Member
  • Posts: 165
Reply 2 on: Mar 25, 2023
Wow, this really help

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
By 2100, significant change will be in the far northern latitudes, parts of Asia, and Sub-Saharan By 2100, significant change will be in the far northern latitudes, parts of Asia, and Sub-Saharan
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ... Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ...
Genomic and fossil evidence has been used to estimate the times of divergence of human and Neanderth Genomic and fossil evidence has been used to estimate the times of divergence of human and Neanderth
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library