5) (11.3) A store once claimed that male employees and female employees earn the same on average. A worker's spouse at that same local store wondered if men at her store made more on average and decided to run a study. Of 65 female employees who were randomly selected, it was found that their mean monthly income was $640 with a standard deviation of $121.50. Of seventy-five male employees who were also randomly selected, their mean monthly income was found to be $682 with a standard deviation of $168.70. Test the spouse's claim that male employees earn more than female employees on average. Use a = 0.01. Label your Ho and H₁, determine the p-value, state whether you reject or don't reject Ho then state a formal conclusion.

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5) (11.3) A store once claimed that male employees and female
employees earn the same on average. A worker's spouse at that
same local store wondered if men at her store made more on
average and decided to run a study. Of 65 female employees who
were randomly selected, it was found that their mean monthly income
was $640 with a standard deviation of $121.50. Of seventy-five male
employees who were also randomly selected, their mean monthly
income was found to be $682 with a standard deviation of $168.70.
Test the spouse's claim that male employees earn more than female
employees on average. Use a = 0.01.
Label your Ho and H₁, determine the p-value, state whether you reject
or don't reject Ho then state a formal conclusion.
Transcribed Image Text:5) (11.3) A store once claimed that male employees and female employees earn the same on average. A worker's spouse at that same local store wondered if men at her store made more on average and decided to run a study. Of 65 female employees who were randomly selected, it was found that their mean monthly income was $640 with a standard deviation of $121.50. Of seventy-five male employees who were also randomly selected, their mean monthly income was found to be $682 with a standard deviation of $168.70. Test the spouse's claim that male employees earn more than female employees on average. Use a = 0.01. Label your Ho and H₁, determine the p-value, state whether you reject or don't reject Ho then state a formal conclusion.
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