Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a large company is shown below. Sample size Sampe mean salary (in $1000s) Population variance Male 64 44 128 Female 36 41 72 Refer to Exhibit 10-1. At 95% confidence, we have enough evidence to conclude that the O a average salary of males is significantly lower than females O b. salaries of males and females are equal O caverage salary of males is significantly greater than females O d. null hypothesis fails to be rejected
Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a large company is shown below. Sample size Sampe mean salary (in $1000s) Population variance Male 64 44 128 Female 36 41 72 Refer to Exhibit 10-1. At 95% confidence, we have enough evidence to conclude that the O a average salary of males is significantly lower than females O b. salaries of males and females are equal O caverage salary of males is significantly greater than females O d. null hypothesis fails to be rejected
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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