A company is interested in finding out if there is any difference in the average salary received by managers of two divisions. Accordingly samples of 12 managers in the first division and 10 managers in the second division were selected at random. The results are given below : I division Il division Sample size 12 10 Average monthly salary 12500 320 11200 480 Standard deviation Apply t-test to find out whether there is a significant difference in the average salary.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A company is interested in finding out if there is any difference in the average salary received by
managers of two divisions. Accordingly samples of 12 managers in the first division and 10 managers in
the second division were selected at random. The results are given below :
I division
Il division
Sample size
12
10
Average monthly salary
Standard deviation
12500
11200
320
480
Apply t-test to find out whether there is a significant difference in the average salary.
Transcribed Image Text:A company is interested in finding out if there is any difference in the average salary received by managers of two divisions. Accordingly samples of 12 managers in the first division and 10 managers in the second division were selected at random. The results are given below : I division Il division Sample size 12 10 Average monthly salary Standard deviation 12500 11200 320 480 Apply t-test to find out whether there is a significant difference in the average salary.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman