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Author Question: Exhibit 10-1Salary information regarding male and female employees of a large company is shown ... (Read 71 times)

Deej

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on: Mar 25, 2023

Question 1

Exhibit 10-1
Salary information regarding male and female employees of a large company is shown below.

 

 

Male

Female

Sample Size

64

36

Sample Mean Salary (in $1,000)

44

41

Population Variance ()

128

72


Refer to Exhibit 10-1. At 95% confidence, the margin of error is


◦

1.96


◦

1.645


◦

3.920


◦

2.000



Question 2

Exhibit 10-1
Salary information regarding male and female employees of a large company is shown below.

 

 

Male

Female

Sample Size

64

36

Sample Mean Salary (in $1,000)

44

41

Population Variance ()

128

72


Refer to Exhibit 10-1. The 95% confidence interval for the difference between the means of the two populations is


◦

0 to 6.92


◦

-2 to 2


◦

-1.96 to 1.96


◦

-0.92 to 6.92

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

bmac98

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Reply #1 on: Mar 25, 2023
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Deej

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
Gracias!

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