TABLE 10-2 A Researcher Randomly Sampled 30 Graduates of an MBA Program

question 167

Multiple Choice

TABLE 10-2
A researcher randomly sampled 30 graduates of an MBA program and recorded data concerning their starting salaries. Of primary interest to the researcher was the effect of gender on starting salaries. The result of the pooled-variance t test of the mean salaries of the females (Population 1) and males (Population 2) in the sample is given below.

-Referring to Table 10-2, the researcher was attempting to show statistically that the female MBA graduates have a significantly lower mean starting salary than the male MBA graduates. The proper conclusion for this test is

• A) at the α = 0.10 level, there is sufficient evidence to indicate a difference in the mean starting salaries of male and female MBA graduates.
• B) at the α = 0.10 level, there is sufficient evidence to indicate that females have a lower mean starting salary than male MBA graduates.
• C) at the α = 0.10 level, there is sufficient evidence to indicate that females have a higher mean starting salary than male MBA graduates.
• D) at the α = 0.10 level, there is insufficient evidence to indicate any difference in the mean starting salaries of male and female MBA graduates.

Recognize the influence of heredity and environment on human behavior.

Identify major theories and perspectives in psychology including Freud's psychoanalytic theory, Erikson's psychosocial development, and Vygotsky's sociocultural theory.

Understand the nature-nurture controversy and its implications for human development.

Identify and explain ethical considerations in psychological research.

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Definitions:

Accounts Payable

Liabilities of a business that are owed to creditors for goods and services purchased on credit.

Liability

A financial obligation or amount owed by a business to another entity, which is expected to be settled in the future.

Capital

The wealth, either financial or tangible, that is used in the creation of more wealth, such as money or assets owned by an individual or organization.

Ledger

A comprehensive accounting book that keeps track of all financial transactions systematically.