This paper circulates around the core theme of to show statistically that the female MBA graduates have a significantly lower mean starting salary than the male MBA graduates. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
A researcher randomly sampled 30 graduates of an MBA program and recorded
data concerning their starting salaries. Of primary interest to the
researcher was the effect of gender on starting salaries. Analysis of the
mean salaries of the females and males in the sample is given below.
|
Hypothesized Difference
|
0
|
|
Level of significance
|
0.05
|
|
Population 1
Sample
|
|
Sample size
|
18
|
|
Sample Mean
|
48266.7
|
|
Sample Standard Deviation
|
13577.63
|
|
Population 2
Sample
|
|
Sample Size
|
12
|
|
Sample Mean
|
55000
|
|
Sample Standard Deviation
|
11741.29
|
|
Difference in Sample
Means
|
-6733.3
|
|
t- Test Statistic
|
-1.40193
|
|
Lower-Tail Test
|
|
Lower Critical value
|
-1.70113
|
|
p-value
|
0.085962
|
|
|
Referring to Table 10-2, the researcher was attempting
to show statistically that the female MBA graduates have a significantly lower
mean starting salary than the male MBA graduates. From the analysis in Table
10-2, the correct test statistic is:
|
|
|
0.0860
|
|
|
|
-1.4019
|
|
|
|
-1.7011
|
|
|
-6,733.33 |
