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Author Question: Data were collected from CEOs in the consumer products industry and CEOs in the telecommunication ... (Read 163 times)

abc

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Data were collected from CEOs in the consumer products industry and CEOs in the telecommunication industry. The data were analyzed using a software package in order to compare mean salaries of CEOs in the two industries.

      HYPOTHESIS: MEAN X = MEAN Y

SAMPLES SELECTED FROM SALARY

X = Consumer Products
Y = Telecommunications
SAMPLE MEAN OF X =1761
SAMPLE VARIANCE OF X =3.97555E6
SAMPLE SIZE OF X =21
SAMPLE MEAN OF Y =1093.5
SAMPLE VARIANCE OF Y =103255
SAMPLE SIZE OF Y =21
MEAN X - MEAN Y =667.5
test statistic =1.47809
D. F. =40
P-VALUE =0.147626
P-VALUE/2 =0.0738131
SD. ERROR =451.597

Find the p-value for testing a two-tailed alternative hypothesis.
◦ 0.0738131
◦ 0.295252
◦ 0.147626
◦ 0.9261869


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Marked as best answer by abc on Feb 14, 2020

Tonyam972

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abc

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Reply 2 on: Feb 14, 2020
YES! Correct, THANKS for helping me on my review


cam1229

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Reply 3 on: Yesterday
Excellent

 

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