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Science-Related Homework Help Statistics and Probability Topic started by: kmonette on Mar 5, 2023

Title: Independent random samples taken at two companies provided the following information regarding ...
Post by: kmonette on Mar 5, 2023

Independent random samples taken at two companies provided the following information regarding annual salaries of the employees.

	Company A	Company B
Sample Size	72	50
Sample Mean (in $1,000)	48	43
Population Standard Deviation (in $1,000)	12	10

a.	We want to determine whether or not there is a significant difference between the average salaries of the employees at the two companies. Compute the test statistic.
b.	Compute the p-value; and at 95% confidence, test the hypotheses.

Title: Re: Independent random samples taken at two companies provided the following information regarding ...
Post by: webmom2008 on Mar 5, 2023

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