Two Independent Random Samples of Annual Starting Salaries for Individuals

question 178

Short Answer

Two independent random samples of annual starting salaries for individuals with masters and bachelors degrees in business were taken and the results are shown below
Masters Degree
Bachelors Degree
Sample Size 33.0 30
Sample Mean in $1,000) 58.0 54
Sample Standard Deviation in $1,000) 2.4 2
a. What are the degrees of freedom for the t distribution?
b. Provide a 95% confidence interval estimate for the difference between the salaries of the two groups.

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Definitions:

Yawn

A reflex consisting of the simultaneous inhalation of air and the stretching of the eardrums, often triggered by tiredness, stress, or boredom.

Mirror Neurons

Neurons that activate both when an individual performs an action and when they observe the same action performed by another, thought to be fundamental to learning and empathy.

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A method of learning that involves observing and imitating others.