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