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Author Question: Two independent random samples of annual starting salaries for individuals with masters and ... (Read 56 times)

stananza

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on: Mar 25, 2023

Two independent random samples of annual starting salaries for individuals with masters and bachelors degrees in business were taken and the results are shown below

 

 

Masters
Degree

Bachelors
Degree

Sample Size

33.0

30

Sample Mean (in $1,000)

58.0

54

Sample Standard Deviation (in $1,000)

2.4

2


 

a.What are the degrees of freedom for the t distribution?
b.Provide a 95% confidence interval estimate for the difference between the salaries of the two groups.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by stananza on Mar 25, 2023

LynellDool

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    • i thought about discounts
Reply #1 on: Mar 25, 2023
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stananza

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Reply 2 on: Mar 25, 2023
YES! Correct, THANKS for helping me on my review

ultraflyy23

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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