STAT 301 Study Guide - Midterm Guide: Sampling Distribution, Mean Absolute Difference, Point Estimation
Document Summary
Goal is to compare the mean of the variable for one population to the mean of the variable in the second. So our parameter of interest is 1 2. We can have two samples of different sizes, n1 and n2. Both n1 and n2 are greater than or equal to 30 (or both populations normal/combo) Sample 1 and sample 2 selected independently of each other. We want to make inferences about 1 2. X2 is the point estimate for 1 - 2. We need the sampling distribution of x1 and confidence intervals. X2 in order to construct hypothesis tests. If the random samples are independent of one another and n1 and n2 are both large ( . Most common hypotheses compare the difference to 0, but could also compare to some other number. Case 1: 1 and 2 both known, assumptions hold.