Use the Following to Answer Questions

question 25

Short Answer

Use the following to answer questions :
The mean weekly earnings of all female workers in a state is $710 and the mean weekly earnings of all male workers in the same state is $760.The standard deviations of the weekly earnings are $86 for the females and $106 for the males.Suppose we take one sample of 316 female workers and another sample of 329 male workers from this state.
-What is the standard deviation of the sampling distribution of the difference between the mean weekly earnings for females and males,rounded to two decimal places?

---

Definitions:

Conspicuous Consumption

The purchasing of products or services for the purpose of displaying wealth and status rather than for their functional value.

Status Crystallization

A social science concept describing the clarity or consistency of an individual's social status across different dimensions such as wealth, education, and occupation.

Social-Class Inconsistency

The condition where an individual's societal position doesn't align consistently with traditional markers of social class, such as income, occupation, and education.

Over-Privileged

Describes individuals or groups having more advantages, resources, or opportunities than is fair or equitable.