A Consumer Advocate Is Comparing Income for a Wide Variety

question 23

Multiple Choice

A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.The observed difference in sample mean incomes was $6987.What is the bootstrap estimate of the bias?

• A)$200
• B)$406
• C)$3414
• D)$3820

---

Definitions:

Custodial Staff

Employees responsible for cleaning and maintaining buildings, ensuring environments are tidy and sanitary.

Recent Hire

An individual who has been employed by an organization or company in the near past.

Competing Firm

A company that operates in the same industry and market as another, offering similar products or services to the same customer base.

Telecommunications

The technology-driven sector that facilitates communication over distances through the transmission of voice, video, data, and other signals by electronic or electromagnetic means.