34. New York City, Boston, and the Silicon Valley of California are among the areas with the...

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34. New York City, Boston, and the Silicon Valley of California are among the areas with the highest technology salaries in the United States (USA Today, February 28, 2002). The fol- lowing sample data show individual annual salaries reported in thousands of dollars. New York City Boston Silicon Valley 82 85 82 79 80 91 72 74 94 89 78 88 79 75 85 85 80 86 74 Use a = .05 and test for a significant difference among the population mean annual tech- nology salaries for these three locations. What is the p-value? What is your conclusion? If a difference exists, which location appears to have the highest mean technology salary?

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Essentials Of Modern Business Statistics

ISBN: 9780324312843

3rd Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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