The Tampa Bay (Florida) Area Chamber of Commerce wanted to know whether the mean weekly salary of

Question:

The Tampa Bay (Florida) Area Chamber of Commerce wanted to know whether the mean weekly salary of nurses was larger than that of school teachers. To investigate, they collected the following information on the amounts earned last week by a sample of school teachers and a sample of nurses.

School Teachers ($) 1,095 1,076 1,077 1,125 1,034 1,059 1,052 1,070 1,079 1,080 1.092 1,082 Nurses ($) 1,091 1,140 1,071

Is it reasonable to conclude that the mean weekly salary of nurses is higher? Use the .01 significance level. What is the p-value?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

See More Books

Question Posted: May 28, 2018 07:57 AM

See More Questions

The Columbus, Ohio Area Chamber of Commerce wants to estimate the mean time workers who are employed in the downtown area spend getting to work. A sample of 15 workers reveals the following number of...
According to a local chamber of commerce in 1993, 5.9% of local area residents owned more than 5 cars. A local car dealer claims that the percentage has increased. He randomly select 180 local area...
Dawn Taylor is currently employed by the state Chamber of Commerce. While she enjoys the relatively short workweeks, she eventually would like to work for herself rather than for an employer. In her...
In Exercises 7683, use a graphing utility to graph the function. Use the graph to determine whether the function has an inverse that is a function (that is, whether the function is one-to-one). f(x)...
Construct frequency histograms for the data given in the frequency tables. 1. Score Frequency 12....................................2 13....................................3...
Monochromatic light illuminates a pair of thin parallel slits at normal incidence, producing an interference pattern on a distant screen. The width of each slit is 1/7 the center-to-center distance...
An engineering student correctly answers $85 \%$ of all questions she attempts. What is the probability that the first incorrect answer was the fourth one?
Kahn has just completed a review of its job- costing system. This review included a detailed analysis of how past jobs used the firm's resources and interviews with personnel about what factors drive...
Image transcription text Wind tunnel measurements of the pressure and skin friction around a NACA 2415 airfoil at 8 degrees angle of attack resulted in the following data of pressure and skin...
ABC Company provided the following information for the year ended December 31, 2021: ABC Company Statement of Financial Position As of December 31, 2021 and 2020 Assets Current assets Cash and cash...
The probability that the cause and the cure for all cancers will be discovered before the year 2020 is .20. What viewpoint of probability does this statement illustrate?
Listed below are the 25 players on the opening-day roster of the 2016 New York Yankees Major League Baseball team, their salaries, and fielding positions. Sort the players into two groups, all...
1. Use the data of Problem 5-6A to prepare Anarel Distributors' multi-step income statement for the year ended May 31, 2014. 2. Corry Anarel, owner of the company, strives to earn a gross margin of...
An opinion column in the Wall Street Journal noted that many economists expect GDP growth will be stuck at around 2 percent in the years to come. The columnist also noted that productivity growth has...
A 10-year bond issued by Zamyad Company has a market price of $$725$ and a par value of $$1,000.$ If the bond has an annual interest rate of 7.5 percent but pays interest semiannually, what is...
Barrick Australia Pacific is planning on issuing bonds that pay no interest but can be converted into $1,000 at maturity, 9 years from their purchase. To price these bonds competitively with other...
The capital structure for the ABC Corporation is provided below. The company plans to maintain its debt structure in the future. If the firm has a 7 percent after-tax cost of debt, a 12.5 percent...
In June of this year, the Barramundi Mfg. Companys capital investment review committee received two major investment proposals. One of the proposals was issued by the firms domestic manufacturing...
Construct a truth table for the statement. ~ p (q r)
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
The final marks for the Wednesday class in Statistics 101 are ready to be posted. The class average is 72%, with a standard deviation of 9. Use the Empirical Rule to answer the following questions....
The final marks for the Wednesday class in Statistics 101 are ready to be posted. The class average is 70%, with a standard deviation of 8. Use the Empirical Rule to answer the following questions....
Find the mean, median, mode, standard deviation, and interquartile range. Consider these sample data. 60 Grade on Quiz 50 70 80 90 100 17 21 8. 13 Number of Students 2 40
How do the resource descriptions (typing) used in the Incident Command System lead to a more effective response?
A company incurs $4172000 of overhead each year across three departments: Ordering and Receiving, Mixing, and Testing. The company prepares 2000 purchase orders, works 50000 mixing hours, and...
Hemming Company reported the following current-year purchases and sales for its only product. Date January 1 January 10 Activities Beginning inventory March 14 March 15 July 30 Sales Purchase Sales...

The Tampa Bay (Florida) Area Chamber of Commerce wanted to know whether the mean weekly salary of

Question:

School Teachers ($) 1,095 1,076 1,077 1,125 1,034 1,059 1,052 1,070 1,079 1,080 1.092 1,082 Nurses ($) 1,091 1,140 1,071 1,021 1,100 1,109 1,075 1,079

Step by Step Answer:

Step 1 H o n m t H 1 n m t Step 2 The 001 significance level was chosen Step 3 Use a t statisti...View the full answer

Statistical Techniques in Business and Economics

Students also viewed these Business questions