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Author Question: Independent random samples taken at two companies provided the following information regarding ... (Read 36 times)

agstelzer01

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on: Mar 25, 2023

Question 1

Independent random samples of managers' yearly salaries (in $1000) taken from governmental and private organizations provided the following information. At 95% confidence, test to determine if there is a significant difference between the average salaries of the managers in the two sectors.

 

 

Government

Private

80

75

s

9

10

n

28

31



Question 2

Independent random samples taken at two companies provided the following information regarding annual salaries of the employees.

 

Company A

Company B

Sample Size

72

50

Sample Mean (in $1,000)

48

43

Population Standard Deviation (in $1,000)

12

10


a.We want to determine whether or not there is a significant difference between the average salaries of the employees at the two companies. Compute the test statistic.
b.Compute the p-value; and at 95% confidence, test the hypotheses.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by agstelzer01 on Mar 25, 2023

SphnxKickin

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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agstelzer01

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

nyrave

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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