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 have been accumulated. Company A Company B Sample size 70 55 Sample mean $15.75 $14.75 Sample standard deviation $1.00 $0.95 Find a point estimate for the difference between the two population means. answer choices: 0.05 1.00 2.00 15.00
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 have been accumulated. Company A Company B Sample size 70 55 Sample mean $15.75 $14.75 Sample standard deviation $1.00 $0.95 Find a point estimate for the difference between the two population means. answer choices: 0.05 1.00 2.00 15.00
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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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), the following data have been accumulated.
Company A | Company B | |
---|---|---|
70 | 55 | |
Sample mean | $15.75 | $14.75 |
Sample standard deviation | $1.00 | $0.95 |
Find a point estimate for the difference between the two population means.
answer choices:
0.05
1.00
2.00
15.00
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