Question: In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.
In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated. (Use Company 1 – Company 2.)
Company 1: n1=90
x1=$11.70
σ1 = $2.00
Company 2 n2 = 70
x2 = $11.00
σ2 = $1.60
The test statistic has a value of _____.
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