Examlex

Solved

Preliminary Data Analyses Indicate That You Can Reasonably Use Nonpooled

question 56

Essay

Preliminary data analyses indicate that you can reasonably use nonpooled t-procedures on the given data. Apply anonpooled t-test to perform the required hypothesis test, using either the critical-value approach or the P-value approachas indicated.
-A researcher was interested in comparing the salaries of female and male employees at a particular company. Independent simple random samples of 8 female employees and 15 male employees yielded the following weekly salaries (in dollars).
 Female  Male 495722518760562904556880115090452080552050048010051250970743750605\begin{array}{r|rr} \text { Female } & \text { Male } & \\ \hline 495 & 722 & 518 \\ 760 & 562 & 904 \\ 556 & 880 & 1150 \\ 904 & 520 & 805 \\ 520 & 500 & 480 \\ 1005 & 1250 & 970 \\ 743 & 750 & 605 \end{array}
At the 5%5 \% significance level, do the data provide sufficient evidence to conclude that at this company the mean salary of female employees is less than the mean salary of male employees? Use the critical-value approach. (Note: xˉ1=705.375,xˉ2=817.067, s1=183.855, s2=330.146.\bar { x } _ { 1 } = 705.375 , \bar { x } _ { 2 } = 817.067 , \mathrm {~s} _ { 1 } = 183.855 , \mathrm {~s} _ { 2 } = 330.146 .


Definitions:

Exchange Rate

The price of one currency in terms of another currency.

British Pounds

The currency of the United Kingdom, known officially as the pound sterling, symbolized as GBP.

Australian Dollar

The currency of Australia, used as the official legal tender in the country and its territories.

Euro

The official currency of the eurozone, which is a monetary union of 19 of the 27 European Union member states.

Related Questions