Question

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

SouthernNorthern
Sample Size4045
Sample Mean (in $1,000)$170$175
Sample Standard Deviation (in $1,000)$5$7

a. Compute the degrees of freedom for the tdistribution.
b. Develop an interval estimate for the difference between the average of the mortgages in the South and North. Let alpha = 0.05.

Answer

This answer is hidden. It contains 33 characters.