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Suppose we're interested in determining whether, on av- erage, women and men are paid the same wage. To do this, we collect a sample of 100 women and 64 men. From the sample of women, we compute an average wage of $8.00/hour and a standard deviation of $.20/hour. From the sample of men, we compute an average wage of $9.00/hour with a standard deviation of $.30/hour. Are men paid more than women on average?

Suppose we're interested in determining whether, on av- erage, women and men are paid the same wage. To do this, we collect a sample of 100 women and 64 men. From the sample of women, we compute an average wage of $8.00/hour and a standard deviation of $.20/hour. From the sample of men, we compute an average wage of $9.00/hour with a standard deviation of $.30/hour. Are men paid more than women on average?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Please assist this problem involving hypothesis testing.
HYPOTHIESIS TESTING A WORKED EXAMPLE: TWO-SAMPLE TEST Example: Gender pay gap Suppose we're interested in determining whether, on av- erage, women and men are paid the same wage. To do this, we collect a sample of 100 women and 64 men. From the sample of women, we compute an average wage of $8.00/hour and a standard deviation of $.20/hour. From the sample of men, we compute an average wage of $9.00/hour with a standard deviation of $.30/hour. Are men paid more than women on average?
Transcribed Image Text:HYPOTHIESIS TESTING A WORKED EXAMPLE: TWO-SAMPLE TEST Example: Gender pay gap Suppose we're interested in determining whether, on av- erage, women and men are paid the same wage. To do this, we collect a sample of 100 women and 64 men. From the sample of women, we compute an average wage of $8.00/hour and a standard deviation of $.20/hour. From the sample of men, we compute an average wage of $9.00/hour with a standard deviation of $.30/hour. Are men paid more than women on average?
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