Question: In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies of the same industry

In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies of the same industry the following data nave been accumulated Company A Company Sample size 70 55 Sample mean 515.25 515.50 Sample standard deviation $1.00 $0.95 Find a point estimate for the afference between the two population means 0.05 0.0.25 2.00 15.00 ASK YOUR TEACHER In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies (of the came out the following data have been accumulated Company A Company Sample size 85 40 Sample mean $15.75 515.25 Sample standard deviation $1.00 $0.95 The point estimate for the difference between the two population means is 0.5. Find the best statistic 0.19 1.85 2.70 3.82
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
