In Order to Estimate the Difference Between the Average Age

question 9

Short Answer

In order to estimate the difference between the average age of male and female employees at the Young Corporation, the following information was gathered.
$\begin{array}{lcc}&\text { Male }&\text { Female }\\\text { Sample Size } & 32 & 36 \\\text { Sample Mean } & 25 & 23 \\\text { Sample Standard Deviation } & 4 & 6\end{array}$ Develop a 95% confidence interval estimate for the difference between the average age of male and female employees at the Young Corporation.

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Definitions:

Required Return

The lowest profit anticipated by an investor from a specific investment, considering the associated risks.

Dividend

A portion of a company's earnings distributed to shareholders, usually in cash or additional stock.

Equity Investments

Investments in stock or equity securities, giving the investor partial ownership in a company.

Constant Dividend

A dividend policy in which a company commits to distributing a fixed amount of money to shareholders regularly.