To investigate possible gender discrimination in a firm, a sample of 100 men and 64 women with similar job descriptions are selected at random. A summary of the resulting monthly salary follows: Men Women Average Salary Y $3,100 $2,900 Standard Deviation (Sy) $200 $320 n 100 64 a) What do these data suggest about wage differences in the firm? Do they represent statistically significant evidence that wages of men and women are different? (To answer this question, first state the null hypothesis; second compute the relevant t- statistic; and finally give an estimate of the p-value). b) Do these data suggest that the firm is guilty of gender discrimination in its compensation policies? Explain.

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8. To investigate possible gender discrimination in a firm, a sample of 100 men and 64
women with similar job descriptions are selected at random. A summary of the resulting
monthly salary follows:
Men
Women
Average Salary Y
$3,100
$2,900
Standard Deviation
(Sy)
$200
$320
n
100
64
a) What do these data suggest about wage differences in the firm? Do they represent
statistically significant evidence that wages of men and women are different? (To
answer this question, first state the null hypothesis; second compute the relevant t-
statistic; and finally give an estimate of the p-value).
b) Do these data suggest that the firm is guilty of gender discrimination in its
compensation policies? Explain.
Transcribed Image Text:8. To investigate possible gender discrimination in a firm, a sample of 100 men and 64 women with similar job descriptions are selected at random. A summary of the resulting monthly salary follows: Men Women Average Salary Y $3,100 $2,900 Standard Deviation (Sy) $200 $320 n 100 64 a) What do these data suggest about wage differences in the firm? Do they represent statistically significant evidence that wages of men and women are different? (To answer this question, first state the null hypothesis; second compute the relevant t- statistic; and finally give an estimate of the p-value). b) Do these data suggest that the firm is guilty of gender discrimination in its compensation policies? Explain.
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