A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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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 normally
distributed
and the population variances are not equal.


High School Diploma Associates degree
X1 = $36,875 X2= $44,900
S1= $5475 S2=$8580
n1=25 n2=16



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