You may need to use the appropriate appendix table or technology to answer this question. In order to estimate the difference between the average yearly salaries of top managers in private and governmental organizations, the following information was gathered. Sample Size Sample Mean (in $1,000s) Sample Standard Deviation (in $1,000s) Private 45 92 8 Governmental 53 82 9 Develop an interval estimate for the difference between the average yearly salaries of top managers of the two sectors. Use 95% confidence and give your answers in dollars. Use technology to find the critical value when df = 95. (Use Private Governmental. Round your answers to the nearest whole dollar.) ** Note - the data table represents 1000's so be sure to answer the question in 1000's. Example: If the low bound is 7.365, the actual amount in thousands is 7365. to $

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You may need to use the appropriate appendix table or technology to answer this question.
In order to estimate the difference between the average yearly salaries of top managers in private and governmental organizations, the following information was gathered.
Sample Size
Sample Mean (in $1,000s)
Sample Standard Deviation
(in $1,000s)
** Note
$
Private
45
92
8
Governmental
53
82
9
Develop an interval estimate for the difference between the average yearly salaries of top managers of the two sectors. Use 95% confidence and give your answers in dollars. Use technology to find
the critical value when df = 95. (Use Private Governmental. Round your answers to the nearest whole dollar.)
the data table represents 1000's so be sure to answer the question in 1000's. Example: If the low bound is 7.365, the actual amount in thousands is 7365.
to $
Transcribed Image Text:You may need to use the appropriate appendix table or technology to answer this question. In order to estimate the difference between the average yearly salaries of top managers in private and governmental organizations, the following information was gathered. Sample Size Sample Mean (in $1,000s) Sample Standard Deviation (in $1,000s) ** Note $ Private 45 92 8 Governmental 53 82 9 Develop an interval estimate for the difference between the average yearly salaries of top managers of the two sectors. Use 95% confidence and give your answers in dollars. Use technology to find the critical value when df = 95. (Use Private Governmental. Round your answers to the nearest whole dollar.) the data table represents 1000's so be sure to answer the question in 1000's. Example: If the low bound is 7.365, the actual amount in thousands is 7365. to $
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