in U.S. dollars) than males.   End-of-Year Bonuses (in USD) Gender Sample Size Sample Mean Sample Standard Deviation Female 8 8,362 1,751 Male 8 9,988 1,273   What is your conclusion at a significance level of α = 0.05?     there is a difference in averages bonuses for female and males, p-value = 0.052     no significant evidence to suggest different bonuses between the two populations, p-value = 0.052     males are getting smaller bonuses than females, p-value = 0.972     females are getting smaller bonuses than males, p-value = 0.026

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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QUESTION 15

  1. A certain company gives out end-of-year bonuses to their employees. A statistician takes a random sample of 8 female and 8 male employees to see whether there is any evidence of females getting smaller average bonuses (in U.S. dollars) than males.

     

    End-of-Year Bonuses (in USD)

    Gender Sample Size Sample Mean Sample Standard Deviation
    Female 8 8,362 1,751
    Male 8 9,988 1,273

     

    What is your conclusion at a significance level of α = 0.05?

       

    there is a difference in averages bonuses for female and males, p-value = 0.052

       

    no significant evidence to suggest different bonuses between the two populations, p-value = 0.052

       

    males are getting smaller bonuses than females, p-value = 0.972

       

    females are getting smaller bonuses than males, p-value = 0.026

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