Amstat News (December 2004) lists median salaries for associate professors of statistics at research institutions and at liberal arts and other institutions in the United States. Assume a sample of 200 associate professors from research institutions having an average salary of $70,750 per year with a standard deviation of $6000. Assume also a sample of 200 associate professors from other types of institutions having an average salary of $65,200 with a standard deviation of $5000. Test the hypothesis that the mean salary for associate professors in research institutions is $2000 higher than for those in other institutions. Use a 0.05 level of significance. Solution needed like in the pic attached
Amstat News (December 2004) lists median salaries for associate professors of statistics at research institutions and at liberal arts and other institutions in the United States. Assume a sample of 200 associate professors from research institutions having an average salary of $70,750 per year with a standard deviation of $6000. Assume also a sample of 200 associate professors from other types of institutions having an average salary of $65,200 with a standard deviation of $5000. Test the hypothesis that the mean salary for associate professors in research institutions is $2000 higher than for those in other institutions. Use a 0.05 level of significance. Solution needed like in the pic attached
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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Amstat News (December 2004) lists median salaries for associate professors of statistics at research institutions and at liberal arts and other institutions in the United States. Assume a sample of 200 associate professors from research institutions having an average salary of $70,750 per year with a standard deviation of $6000. Assume also a sample of 200 associate professors from other types of institutions having an average salary of $65,200 with a standard deviation of $5000. Test the hypothesis that the mean salary for associate professors in research institutions is $2000 higher than for those in other institutions. Use a 0.05 level of significance.
Solution needed like in the pic attached
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