Population means for male and female average salaries

Assignment Help Basic Statistics
Reference no: EM13245119

Below are 2 one-sample t-tests comparing male and female average salaries to the overall sample mean. 

Based on our sample, how do you interpret the results and what do these results suggest about the population means for male and female salaries?

Males Females

Ho: Mean salary = 45 Ho: Mean salary = 45

Ha: Mean salary =/= 45 Ha: Mean salary =/= 45

Note when performing a one sample test with ANOVA, the second variable (Ho) is listed as the same value for every corresponding value in the data set.

t-Test: Two-Sample Assuming Unequal Variances t-Test: Two-Sample Assuming Unequal Variances

Since the Ho variable has Var = 0, variances are unequal; this test defaults to 1 sample t in this situation

Male Ho Female Ho

Mean 52 45 Mean 38 45

Variance 316 0 Variance 334.6666667 0

Observations 25 25 Observations 25 25

Hypothesized Mean Difference 0 Hypothesized Mean Difference 0

df 24 df 24

t Stat 1.968903827 t Stat -1.913206357

P(T<=t) one-tail 0.03030785 P(T<=t) one-tail 0.033862118

t Critical one-tail 1.71088208 t Critical one-tail 1.71088208

P(T<=t) two-tail 0.060615701 P(T<=t) two-tail 0.067724237

t Critical two-tail 2.063898562 t Critical two-tail 2.063898562

Conclusion: Do not reject Ho; mean equals 45 Conclusion: Do not reject Ho; mean equals 45

Based on our sample results, perform a 2-sample t-test to see if the population male and female salaries could be equal to each other.

Based on our sample results, can the male and female compas in the population be equal to each other? (Another 2-sample t-test.)

What other information would you like to know to answer the question about salary equity between the genders? Why?

If the salary and compa mean tests in questions 3 and 4 provide different results about male and female salary equality, 

which would be more appropriate to use in answering the question about salary equity? Why?

What are your conclusions about equal pay at this point?

Reference no: EM13245119

Questions Cloud

What is the net horizontal force on the airplane : A jet with mass m = 1.3 × 105 kg jet accelerates down the runway for takeoff at 2.4 m/s2, What is the net horizontal force on the airplane
Characteristic of axial age philosophical-religious movement : What does Jaspers consider the important characteristics of “Axial Age” philosophical and religious movements, and what is his explanation of how such similar movements arose within a relatively short period in quite separated parts of the world?
Determine the effective monthly interest rate : Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following: (a) The effective monthly interest rate (b) The nominal annual interest rate (c) The effective annual interest rate
What is the difference between using a hypothesis test : What is the difference between using a hypothesis test to solve a problem and using an Analysis of Variance test (ANOVA) to solve a problem? Give an example of each.
Population means for male and female average salaries : Based on our sample, how do you interpret the results and what do these results suggest about the population means for male and female average salaries?
Explain why de beers faces a downward-sloping demand curve : Each of these customers will buy at most one diamond-and only if the price is just equal to, or lower than, her willingness to pay. Raquel's willingness to pay is $400; Jackie's, $300; Joan's, $200; Mia's, $100; and Sophia's, $0.
Politics motivated spanish exploration and expansion : During the late 15th and 16th centuries politics motivated Spanish exploration and expansion. My problem is that I can't really find (or really know where to look) for these particular 'politics.' Obviously economics influenced the desire for expansi..
Find the area charge density on the inner surface : A point charge q = 1.45 nC is placed in the center of a spherical cavity of an isolated spherical conductor of inner radius 4 cm and outter radius 12cm
A peom that explains the early middle ages : I have to write A peom that explains the early middle ages and describe what was happenening throughout the period of 500-1000 ad. I have to include the terms: feudalism, manor, peasants, charlemagne, church pope, and vikings. Any tips on how to writ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Application of anova

Please discuss an application of ANOVA that might be undertaken in a workplace. What are the 3 or more treatments? What is the response variable?

  Probability-randomly selected chocolate bar have calories

Suppose that the distribution of calories is approximately normal with o = 10. Find the probability that a randomly selected chocolate bar will have a) Between 200 and 220 caloies.

  Computing normal approximation to binomial

Components shipped include 0.5% defectives. You plan to select 80 items; if 0 are defective, you will assume all are okay.

  Margin of error for the proportion of all carp

With a confidence of 95%, what is the margin of error for the proportion of all carp that would incorporate the gene into their DNA?

  What is problematic with calcutlating a z-score for a data

Why can you not have a z- score equaling 0/0 ? what is problematic with calcutlating a z-score for a data set of repeated entries?

  Difference between ordinal level and inteval level variable

The primary difference between an ordinal level and inteval level variable is: an ordinal level variable has a meaningful zero point while the inteval level variable has no zero point

  Find mean-standard deviation time customer on second floor

An elevator has a uniform distribution ranging from 0 to 4 minutes. Find the mean and standard deviation of x, the time a customer on the second floor waits for an elevator.

  Determining application of linear equations

Think about a real life situation that follows a linear equation, with the independent variable being years. What would the slope tell you about future years?

  Estimate difference between the mean purchases

A point estimate for the difference between the mean purchases of the users of the two credit cards is:

  Standard deviation of the delivery times of all pizzas

A customer wants to estimate the average delivery time of a pizza from the local pizza parlor. The customer wants to obtain a sample mean that falls within 3.204 minutes of the true average delivery time with 99% confidence. If the customer knows ..

  Designing a linear programming problem

Design a Linear programming problem for the flair Furniture Company and find the combination of tables and chairs that the company must produce to maximize profits.

  Different types of trending

What are some examples of each of the trend types (Secular/Linear)? What external factors might affect each of the different types of trending?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd