ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Exhibit 10-1
Salary information regarding two independent random samples of male and female employees of a large company is shown below.
Sample size
Sampe mean salary (in $1000s)
Population variance
Male
64
44
128
Female
36
41
72
Refer to Exhibit 10-1. At 95% confidence, we have enough evidence to conclude that the
O a. average salary of males is significantly lower than females
O b. salaries of males and females are equal
O c. average salary of males is significantly greater than females
O d. null hypothesis fails to be rejected
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Transcribed Image Text:Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a large company is shown below. Sample size Sampe mean salary (in $1000s) Population variance Male 64 44 128 Female 36 41 72 Refer to Exhibit 10-1. At 95% confidence, we have enough evidence to conclude that the O a. average salary of males is significantly lower than females O b. salaries of males and females are equal O c. average salary of males is significantly greater than females O d. null hypothesis fails to be rejected
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