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

question 149

Short Answer

SCENARIO 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 Scenario 10-2,what is the 90% confidence interval estimate for the difference between two means?

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Definitions:

Deductive Reasoning

A logical process where a conclusion follows necessarily from the stated premises, moving from the general to the specific.

Concept

Any abstract characteristic or attribute that has the potential to be measured.

Indicator Variables

Variables, often used in statistical models, that take on a value of 0 or 1 to indicate the absence or presence of a categorical effect that may impact the result.

Validity

The degree to which an indicator accurately measures or reflects a concept.