A Private University Is Trying to Determine If There Is

question 39

Multiple Choice

A private university is trying to determine if there is pay equity among the male and female faculty.A simple random sample of six faculty members was selected from each gender group and the salary was recorded.The data (in thousands) are shown below. Rank all the observations together.What is the list of ranks for the male group?

• A)10,3,4,7,9,1
• B)6,12,2,5,11,8
• C)3,6,1,2,5,4
• D)None of the above

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Definitions:

Confidence Intervals

A range of values derived from a dataset, estimated to contain the true value of a parameter with a certain probability level.

Time-Series Data

Data collected at successive equally spaced points in time, often used in forecasting and identifying trends.

Confidence Interval

A spectrum of numbers, obtained from sampled evidence, which is expected to encompass the magnitude of an undetermined population statistic.

Standard Deviation

A measure that quantifies the spread of a dataset around its mean, determined by taking the square root of the variance.