A Study Is Trying to Estimate the Difference Between the Annual

question 1

Essay

A study is trying to estimate the difference between the annual salaries paid to female and male employees working for the same large company. They take a random sample of 50 females and find that their average annual salary is $75 600 with a variance of $²1 250. They take a random sample of 50 males and find that their average annual salary is $78 500 with a variance of $²2 500. Find and interpret a 95% confidence interval for the difference in annual salaries for female and male employees of this large company.

---

Definitions:

Commercial Farmers

Agricultural producers who cultivate crops or raise livestock primarily for sale in the market, rather than for personal consumption.

Agrarian Society

A community or society that relies primarily on agriculture and farming for its economic base and way of life.

States' Rights

States' rights is the principle or belief in the U.S. that states possess certain rights and political powers independent of, and sometimes in opposition to, the federal government.