A paint manufacturer made a modification to a paint to speed up its drying time. Independent simple random samples of 11 cans of type A (the original paint) and 9 cans of type B (the modified paint) were selected and applied to similar surfaces. The drying times, in hours, were recorded.
The summary statistics are as follows.
Type A Type B
x1 = 76.3 hrs x2 = 65.1 hrs
s1 = 4.5 hrs s2 = 5.1 hrs
n1 = 11 n2 = 9
The following 98% confidence interval was obtained for μ1 - μ2, the difference between the mean drying time for paint cans of type A and the mean drying time for paint cans of type B:
4.90 hrs < μ1 - μ2 < 17.50 hrs
What does the confidence interval suggest about the population means?

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Answer:

We can conclude that the drying time in hours for type A is significantly higher than the drying time for type B. And the margin above it's between 4.90 and 17.5 hours at 2% of significance.

Step-by-step explanation:

Previous concepts  

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

[tex]\bar X_1 =76.3[/tex] represent the sample mean 1

[tex]\bar X_2 =65.1[/tex] represent the sample mean 2

n1=11 represent the sample 1 size  

n2=9 represent the sample 2 size  

[tex]s_1 =4.5[/tex] sample standard deviation for sample 1

[tex]s_2 =5.1[/tex] sample standard deviation for sample 2

[tex]\mu_1 -\mu_2[/tex] parameter of interest.

Confidence interval

The confidence interval for the difference of means is given by the following formula:  

[tex](\bar X_1 -\bar X_2) \pm t_{\alpha/2}\sqrt{\frac{s^2_1}{n_1}+\frac{s^2_2}{n_2}}[/tex] (1)  

The point of estimate for [tex]\mu_1 -\mu_2[/tex] is just given by:

[tex]\bar X_1 -\bar X_2 =76.3-65.1=11.2[/tex]

In order to calculate the critical value [tex]t_{\alpha/2}[/tex] we need to find first the degrees of freedom, given by:  

[tex]df=n_1 +n_2 -1=11+9-2=18[/tex]  

Since the Confidence is 0.98 or 98%, the value of [tex]\alpha=0.02[/tex] and [tex]\alpha/2 =0.01[/tex], and we can use excel, a calculator or a tabel to find the critical value. The excel command would be: "=-T.INV(0.01,18)".And we see that [tex]t_{\alpha/2}=\pm 2.55[/tex]  

The standard error is given by the following formula:

[tex]SE=\sqrt{\frac{s^2_1}{n_1}+\frac{s^2_2}{n_2}}[/tex]

And replacing we have:

[tex]SE=\sqrt{\frac{4.5^2}{11}+\frac{5.1^2}{9}}=2.175[/tex]

Confidence interval

Now we have everything in order to replace into formula (1):  

[tex]11.2-2.55\sqrt{\frac{4.5^2}{11}+\frac{5.1^2}{9}}=5.65[/tex]  

[tex]11.2+2.55\sqrt{\frac{4.5^2}{11}+\frac{5.1^2}{9}}=16.75[/tex]  

So on this case the 98% confidence interval would be given by [tex]5.65 \leq \mu_1 -\mu_2 \leq 16.75[/tex]  

But let's assume that the confidence interval given is true 4.90 hrs < μ1 - μ2 < 17.50 hrs

What does the confidence interval suggest about the population means?

We can conclude that the drying time in hours for type A is significantly higher than the drying time for type B. And the margin above it's between 4.90 and 17.5 hours at 2% of significance.

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