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Using the raw measurement data presented below, calculate the t value for independent groups to determine whether or not there exists a statistically significant difference between the salaries of female and male human resource managers. Develop a research question, testable hypothesis, confidence level (i.e. set your alpha level), and degrees of freedom. Draw the appropriate conclusions with respect to female and male human resource manager salary levels.
Salary Level:
Female HR Directors
Male HR Directors
$50,000
$58,000
$75,000
$69,000
$72,000
$73,000
$67,000
$54,000
$55,000
$63,000
$52,000
$53,000
$68,000
$70,000
$71,000
$60,000
WHAT YOU MEAN BY UTILITY OF MANAGERIALECONOMICS
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