A random sample of 50 households in community A has a mean household income of X- =Rs. 44,600 with a standard deviation s =Rs. 2,200. A random sample of 50 households in community B has a mean of _X = Rs. 43,800 with a standard deviation of Rs. 2,800. Estimate the difference in the average houshold income in the two communities using a 95 percent confidence interval?
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You will need a confidence interval formula for the difference of two population means. Use 1.96 for z (representing 95% confidence). Substitute what you know into the formula and calculate.
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