Must follow the request specifically PLEASE: * Write legible * NO EXCEL *Show your work (step by step) * Must draw a graph A lawsuit claims that in a large company the managers who are men make significantly more money than the managers who are woman. After sampling a number of male and females managers the data is as follows ( in thousands) Men 93 77 93 75 87 91 104 76 93 92 Woman 79 83 56 68 99 84 79 97 76 83 Is there enough evidence to show that the claim in the lawsuit is correct? (use alpha =.10) Type of Test : Hypotheses : Men Woman X1 X2 SX1 SX2 n1 n2 Actual Difference X1 - X2 = A) Solving for SE: (what is the space between intervals?) B) Draw a CURVE graph depicting the figures and the area that would be shaded C) Test Statistic: ? D) P- value = E) Decision = F) XC. in a sentence what does your deciosn mean?
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Must follow the request specifically PLEASE:
* Write legible
* NO EXCEL
*Show your work (step by step)
* Must draw a graph
A lawsuit claims that in a large company the managers who are men make significantly more money than the managers who are woman. After sampling a number of male and females managers the data is as follows ( in thousands)
Men 93 77 93 75 87 91 104 76 93 92
Woman 79 83 56 68 99 84 79 97 76 83
Is there enough evidence to show that the claim in the lawsuit is correct? (use alpha =.10)
Type of Test :
Hypotheses :
Men Woman
X1 X2
SX1 SX2
n1 n2
Actual Difference
X1 - X2 =
A) Solving for SE: (what is the space between intervals?)
B) Draw a CURVE graph depicting the figures and the area that would be shaded
C) Test Statistic: ?
D) P- value =
E) Decision =
F) XC. in a sentence what does your deciosn mean?
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