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Author Question: Exhibit 10-8In order to determine whether or not there is a significant difference between the ... (Read 66 times)

kmcolvin

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on: Mar 25, 2023

Question 1

Exhibit 10-8
In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.

 

 

Company A

Company B

Sample size

80.00

60.00

Sample mean

$16.75

$16.25

Population standard deviation

$1.00

$0.95


Refer to Exhibit 10-8. The test statistic is


◦

0.098


◦

1.645


◦

2.75


◦

3.01



Question 2

Exhibit 10-8
In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.

 

 

Company A

Company B

Sample size

80.00

60.00

Sample mean

$16.75

$16.25

Population standard deviation

$1.00

$0.95


Refer to Exhibit 10-8. The p-value is


◦

0.0013


◦

0.0026


◦

0.0042


◦

0.0084

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

saly

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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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kmcolvin

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

frankwu0507

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

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