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Consider the following to answer the question(s) below:
Data were collected on annual personal time (in hours) taken by a random sample of 16 women and 7 men employed by a medium sized company. The women took an average of 24.75 hours of personal time per year with a standard deviation of 2.84 hours. The men took an average of 21.86 hours with a standard deviation of 3.29 hours. The Human Resources Department believes that women tend to take more personal time than men because they tend to be the primary child care givers in the family.
-Are the assumptions and conditions for carrying out the t-test for two means satisfied? Explain.
Financial Statement
A written record that conveys the business activities and the financial performance of a company, including balance sheets, income statements, and cash flow statements.
Depreciation
The methodical distribution of the expense of a physical asset throughout its lifespan, indicating the decrease in its value as time passes.
Asset
An economic resource owned or controlled by an individual or organization that is expected to produce future benefits.
Provide Services
The act of performing tasks or duties for customers or clients in exchange for compensation.
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