Question

In: Math

For this question, please provide each of the five-step hypothesis testing process: State the null and...

For this question, please provide each of the five-step hypothesis testing process:

  1. State the null and alternative hypothesis
  2. Choose the appropriate test statistic
  3. Establish the Decision rule (reject if….)
  4. Calculate the observed test statistic
  5. Make a decision with respect to the hypotheses and then the business implication

Are salaries for Registered Marketing Associates in Jacksonville, Florida lower than those in Houston, Texas? Previous salary data show registered Marketing Associates in Jacksonville earned less than Houston. Suppose a follow-up study of 40 registered marketing associates in Jacksonville and 50 registered marking associates in Houston produced the following results:

Jacksonville: n=40, x-bar=56,100, s=6,000

Houston: n=50, x-bar = 59,400, s=7,000

Assume a level of significance of .05, and formulate the hypothesis so that, if the null hypothesis is rejected, we can conclude that salaries for registered marketing associates are significantly lower in Jacksonville than Houston. Provide the 5 step hypothesis process.

What should you do, as an HR Manager, to increase your recurring efforts in Jacksonville as a result of your survey?

Solutions

Expert Solution

Let denotes the mean salary for Registered Marketing Associates in Jacksonville, Florida and denotes the Registered Marketing Associates in Houston, Texas.

Conclusion : There is sufficient evidence to support the claim that salaries for registered marketing associates are significantly lower in Jacksonville than Houston.


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