The annual earnings of 25 people with a high school diploma and 16 people with an associate’s degree are shown in the table. Can you conclude that there is a difference in the mean annual earnings based on level of education? Use α = 0.05. Assume the populations are normally distributed and the population variances are not equal.
The annual earnings of 25 people with a high school diploma and 16 people with an associate’s degree are shown in the table. Can you conclude that there is a difference in the mean annual earnings based on level of education? Use α = 0.05. Assume the populations are normally distributed and the population variances are not equal.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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The annual earnings of 25 people with a high school diploma and 16 people with an associate’s degree are shown in the table. Can you conclude that there is a difference in the mean annual earnings based on level of education? Use α = 0.05. Assume the populations are
distributed
High School Diploma | Associates degree |
X1 = $36,875 | X2= $44,900 |
S1= $5475 | S2=$8580 |
n1=25 | n2=16 |
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