A career counselor is interested in examining the salaries earned by graduate business school students at the
Question:
A career counselor is interested in examining the salaries earned by graduate business school students at the end of the first year after graduation. In particular, the counselor is interested in seeing whether there is a difference between men and women graduates' salaries. From a random sample of 20 men, the mean salary is found to be $42,780 with a standard deviation of $5,426. From a sample of 12 women, the mean salary is found to be $40,136 with a standard deviation of $4,383. Assume that the random sample observations are from normally distributed populations, and that the population variances are assumed to be equal.
What is the upper confidence limit of the 95% confidence interval for the difference between the population mean salary for men and women.
Elementary Statistics in Social Research Essentials
ISBN: 9780205638000
3rd edition
Authors: Jack A. Levin, James Alan Fox