Suppose we have two independent random variables x1 and x2 with respective population means μ1 and μ2. Let us say that we use sample data to construct

boitshupoO

boitshupoO

Answered question

2021-05-25

Suppose we have two independent random variables x1 and x2 with respective population means μ;1 and μ;2. Let us say that we use sample data to construct two 80% confidence intervals. Confidence Interval amp; Confidence Level A1 lt μ 1 lt;B1 amp;0.80 ​
A2 lt μ2 lt;B2 amp;0.80
Now, what is the probability that both intervals hold at the same time? Use methods to show that
P(A1<μ;1)

Answer & Explanation

liingliing8

liingliing8

Skilled2021-05-26Added 95 answers

P(A1 < μ1y < B1 and A2 < μ2y < B2) = 0.64 = 64%
P( At least one interval does not hold) = 0.36 = 36%

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