Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
danyyzz danyyzz
wrote...
Posts: 140
Rep: 0 0
A year ago

Two independent random samples of annual starting salaries for individuals with masters and bachelors degrees in business were taken and the results are shown below

 

 

Masters
Degree

Bachelors
Degree

Sample Size

33.0

30

Sample Mean (in $1,000)

58.0

54

Sample Standard Deviation (in $1,000)

2.4

2


 

a.What are the degrees of freedom for the t distribution?
b.Provide a 95% confidence interval estimate for the difference between the salaries of the two groups.

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
amandashimkusamandashimkus
wrote...
Posts: 139
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

danyyzz Author
wrote...

A year ago
This site is awesome
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1465 People Browsing
Related Images
  
 378
  
 644
  
 884
Your Opinion
Who's your favorite biologist?
Votes: 608