A sample o 87 professional working women showed that average amount paid annually into a private pension
Question:
A sample o 87 professional working women showed that average amount paid annually into a private pension fund per person was SR 3352. The population standard deviation is SR 1100. A sample of 79 professional working men showed that the average amount paid annually into a private pension fund per person was SR 5727, with population standard deviation of SR 1700. A women’s activist group wants to “prove’ that women do not pay as much as per year men into private pension funds. If they use α = 0.01 and these sample data, will they be able to reject a null hypothesis that women annually pay the same as or more than men into private pension funds.
Essentials of Statistics for Business and Economics
ISBN: 978-1305081598
7th edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam