Consider the Following Set of Salary Data To Determine If Women Have a Higher Mean Salary Than

question 15

Short Answer

Consider the following set of salary data: $\begin{array}{lrr}\hline & \text { Men (1) } & \text { Women (2) } \\\hline \text { Sample Size } & 100 & 80 \\\text { Mean } & \$ 12,850 & \$ 13,000 \\\text { Standard Deviation } & \$ 345 & \$ 500 \\\hline\end{array}$

To determine if women have a higher mean salary than men, we would test:
A) $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$ vs. $H _ { \mathrm { a } } : \mu _ { 1 } - \mu _ { 2 } < 0$
B) $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$ vs. $H _ { a } : \mu _ { 1 } - \mu _ { 2 } \neq 0$
C) $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$ vs. $H _ { a } : \mu _ { 1 } - \mu _ { 2 } > 0$
D) $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$ vs. $H _ { a } : \mu _ { 1 } - \mu _ { 2 } = 0$

• A) \(H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0\) vs. \(H _ { \mathrm { a } } : \mu _ { 1 } - \mu _ { 2 } < 0\)
• B) \(H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0\) vs. \(H _ { a } : \mu _ { 1 } - \mu _ { 2 } \neq 0\)
• C) \(H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0\) vs. \(H _ { a } : \mu _ { 1 } - \mu _ { 2 } > 0\)
• D) \(H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0\) vs. \(H _ { a } : \mu _ { 1 } - \mu _ { 2 } = 0\)

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Definitions:

Hurt Companies

Companies that have been significantly impacted or damaged by internal problems, market conditions, or external events, affecting their performance and stability.

Displaying Ethical Behavior

The practice of consistently demonstrating honesty, integrity, fairness, and respect in one's decisions and actions.

High-Mach Individuals

People with a high Machiavellianism trait, who tend to be manipulative, deceitful, and pragmatic in their strategies to achieve power and control.

Low-Mach Individuals

People characterized by lower levels of Machiavellianism, displaying sincerity, lower manipulation tendencies, and a more ethical stance in interpersonal relations.