A Researcher Was Interested in Comparing the Salaries of Female $\mu _ { 1 } - \mu _ { 2 } ,$

question 18

Multiple Choice

A researcher was interested in comparing the salaries of female and male employees of a particular company.Independent random samples of female employees (sample 1) and male employees (sample 2) were taken to calculate the mean salary,in dollars per week,for each group.A 98% confidence interval for the difference, $\mu _ { 1 } - \mu _ { 2 } ,$ between the mean weekly salary of all female employees and the mean weekly salary of all male employees was determined to be $( - \$ 180 , \$ 40 )$

• A)Based on these data,we are 98% confident that male employees at this company average between $180 less and $40 more per week than the female employees.
• B)We are 98% confident that a randomly selected female employee at this company makes between $180 less and $40 more per week than a randomly selected male employee.
• C)Based on these data,we know that 98% of female employees at this company make between $180 less and $40 more than the male employees.
• D)We know that 98% of all random samples of employees at this company will show that the average female salary is between $180 less and $40 more per week than the average male salary.
• E)With 98% confidence,we can say that female employees at this company average between $180 less and $40 more per week than the male employees.

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Definitions:

M-form Organizations

Organizations structured in a way that operations are divided into multiple, semi-autonomous units or divisions, each with its own set of functions.

Sustained Competitive Advantage

The ability of a company to maintain its competitive advantage over its competitors over a long period, thereby securing its market position and profitability.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, including innovation, brand, cost structure, distribution network, customer service, and product quality.

Top Executives

Individuals who hold the highest-level management positions within an organization, responsible for developing and implementing policies and strategic goals.