Author Question: Data were collected from CEOs in the consumer products industry and CEOs in the telecommunication ... (Read 134 times)

abc · **on:** Feb 14, 2020

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

Tonyam972 · **Reply #1 on:** Feb 14, 2020

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