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Two-Sample T-Test and CI: income, Gender Method μ1: mean income for Males µ2: mean income for Females Difference: μ1 - µ2 Descriptive Statistics: Income
Gender N Mean StDev
Males 225 45000.96 5000 Females 96 42000.15 4013
Test: Null hypothesis H0: μ1 - µ2 = 0 Alternative hypothesis H1: μ1 - µ2 ≠ 0T-Value P-Value3.8 0.000084
Use the output above to answer the questions below.
What is your conclusion based on the above calculated p-value shown above?
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