A women's advocacy group claims that women receive significantly less prize money than their male counterparts when they win first place in a professional tournament. The data listed below are the first place prize monies from male and female tournament winners. Assume the samples are random, independent, and come from populations that are normally distributed. At=0.01, test the groups claim. Assume the population variances are not equal.

a. give null and alternate hypothesis

b. what are the degrees of freedom?

c. what are the critical values?

d. calculate the t-value

e. draw a bell curve for the rejection regions, the critical value & calculated t-value

f. what is the conclusion?

g. what is your interpretation?

h. what is the type one error that can be made on your decision?

Female Golfers

180,000 240,000 150,000

150,000 225,000 202,500

120,000 195,000 315,000

165,000

Males Golfers

864,000 810,000 1,170,000 900,000

1,050,000 945,000 1,008,000 630,000

630,000 900,000 810,000 756,000