In a 2018 survey of 10,508 CEOS by PayScale.com, the range of annual salaries reported was from $73,187 to $336,550. But do CEO salaries differ across the two most populous states in the United States? Consider the salaries for CEOs who work for companies headquartered in California and Texas as provided in the following table. Click on the datafile logo to reference the data. DATA file (to nearest whole number) (to 4 decimals) CEO Salaries (in $1000s) Texas $125 $94 $186 $121 $133 $212 $204 $138 $275 $158 $88 $182 $305 $247 $177 $316 $225 $199 $210 $196 $263 $304 $107 Use a = 0.05 and test to determine whether the distribution of CEO salaries is the same for California and Texas. Use Table 1 of Appendix B. What are the mean and standard deviation of the normal distribution that can be used for this statistical test? Mean Standard deviation What is the p-value for the hypothesis test? (to 4 decimals) California $321 What is your conclusion? We - Select your answer - reject the null hypothesis that the two populations of CEO salaries are identical. +

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