Question

In: Statistics and Probability

Application Exercise: In a bottling company, all female employees with 2 to 4 years of experience...

Application Exercise:
In a bottling company, all female employees with 2 to 4 years of experience have a mean salary of $27300 with a with a variance of $30913600.00. A random sample of 29 male employees also having 2 to 4 years of experience had a mean salary of $28800. The company accountant believes that male employees make more money than female employees. What can be concluded with α = 0.10?

a) What is the appropriate test statistic?
---Select--- na z-test one-sample t-test independent-samples t-test related-samples t-test

b)
Population:
---Select--- the CEO male employees bottling company salary female employees
Sample:
---Select--- the CEO male employees bottling company salary female employees

c) Obtain/compute the appropriate values to make a decision about H0.
(Hint: Make sure to write down the null and alternative hypotheses to help solve the problem.)
critical value =  ; test statistic =  
Decision:  ---Select--- Reject H0 Fail to reject H0

d) If appropriate, compute the CI. If not appropriate, input "na" for both spaces below.
[  ,  ]

e) Compute the corresponding effect size(s) and indicate magnitude(s).
If not appropriate, input and select "na" below.
d =  ;   ---Select--- na trivial effect small effect medium effect large effect
r2 =  ;   ---Select--- na trivial effect small effect medium effect large effect

f) Make an interpretation based on the results.

The salary of male employees is significantly higher than female employees.

The salary of male employees is significantly lower than female employees.     

The salary of male employees did not differ from female employees.

Solutions

Expert Solution


Related Solutions

Of 6 employees, 3 have been with the company five or more years. If 4 employees...
Of 6 employees, 3 have been with the company five or more years. If 4 employees are chosen randomly from the group of 6, what is the probability that exactly 2 will have five or more years seniority?
Exercise 4: Find all local extrema for f ? = sin^2 ? + cos ? on...
Exercise 4: Find all local extrema for f ? = sin^2 ? + cos ? on the interval [− ?/ 2 , ?/ 2 ]. Verify your answer by graphing.
Eclipse Exercise 1 Write a Java application that implements different types of insurance policies for employees...
Eclipse Exercise 1 Write a Java application that implements different types of insurance policies for employees of an organization. Let Insurance be an abstract superclass and Health and Life two of its subclasses that describe respectively health insurance and life insurance. The Insurance class defines an instance variable of type String to describe the type of insurance and an instance variable of type double to hold the monthly cost of that insurance. Implement the get methods for both variables of...
Salesperson Years of Experience Annual Sales ($1000s) 1 3 79 2 4 92 3 4 91...
Salesperson Years of Experience Annual Sales ($1000s) 1 3 79 2 4 92 3 4 91 4 4 106 5 7 102 6 9 112 7 10 120 8 11 117 9 11 114 10 13 135 A sales manager collected data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. In the Microsoft Excel Online file below you will find a sample of data on years of experience...
The data shown in the table were collected by surveying 100 employees with five years’ experience....
The data shown in the table were collected by surveying 100 employees with five years’ experience. Find the correlation relationship for the data. Use Microsoft Excel. Create a scatter plot. Identify and discuss the type of correlation, and whether is negative or positive, strong or weak. Create a regression line and analyze the coefficients for significance. Predict the estimates salary with 20 years of schooling. Years of schooling Total annual salary 10 $32 K 12 $33 K 13 $44.3 K...
Data: sample   volume 1 15.5 2 16.6 3 15.5 4 16.1 5 14.4 A bottling company...
Data: sample   volume 1 15.5 2 16.6 3 15.5 4 16.1 5 14.4 A bottling company claims that the mean amount of fluid in its beverage bottles is 16 oz. It's known that the amount of fluid is normally distributed. The amount of fluid of a sample of 9 nine bottles is shown above: a) Test the company's claim at a .05 level of significance What is the value of the statistic? b) Calculate a 94% Lower Confidence bound (1-sided)  for...
2. You are the HR Manager for a small firm with 10 employees; all the employees...
2. You are the HR Manager for a small firm with 10 employees; all the employees are eligible for merit pay. You have been allocated $10,000 to reward these employees. Design a performance management system to first evaluate these employees and then a system to link their performance with these employees.
Valuation Methods Exercise Assume all years' cash flows will grow 4% Excel 1 11.875% - cost...
Valuation Methods Exercise Assume all years' cash flows will grow 4% Excel 1 11.875% - cost of equity 4.000%- terminal growth rate Forecasted years in the future 0 1 2 3 4 5 Terminal value FCFE 1050 What is the total value of equity? What % of the total equity value is represented by the PV of the Terminal Value? By what % does the equity value change if the terminal growth rate increases 1/2 percentage point? By what %...
Exercise 2-40 Prepare Statements for a Manufacturing Company (LO 2-2, 4) The following balances are from...
Exercise 2-40 Prepare Statements for a Manufacturing Company (LO 2-2, 4) The following balances are from the accounts of Crabtree Machining Company: January 1 (Beginning) December 31 (Ending) Direct materials inventory $ 97,300 $ 109,400 Work-in-process inventory 108,400 107,200 Finished goods inventory 43,000 46,300 Direct materials purchased during the year amount to $513,200, and the cost of goods sold for the year was $1,875,000. Required: Prepare a cost of goods sold statement.
Design a 12 Week Exercise and Nutritional Guidance Program for the following case: \Female, 49 years...
Design a 12 Week Exercise and Nutritional Guidance Program for the following case: \Female, 49 years old VO2 MAX= 31 ml/kg/min BP: 130/85 Fasting Glucose: 99 mg/dl Right Sided low back pain LDL cholesterol: 110 mg/dl C-section Resting Heart Rate: 80 bpm Please provide rationale for your program. Word requirement: 200-250 words What is the disease risk classification for this client? What considerations will make when designing her program? Target exercise intensity What assessments will you use to gather baseline...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT