An economist wanted to learn about compensation packages. A survey of workers was conducted that asked respondents to report their hourly wages and whether the company they worked for produced goods or services. The data is contained in the data set below.

Perform an analysis to determine whether we can conclude at a 5% significance level that the mean wages of workers differs between goods producing companies and service producing companies.

Provide your analysis in an MS Excel file and upload the file.

Clearly identify in the worksheet your conclusion from your analysis.

Goods Wages	Service Wages
13.9	12.47
33.45	6.94
27.42	24.25
26.25	15.01
25.5	15.1
21.33	7.77
24.89	31.04
13.22	18.75
28	16.64
16.43	11.44
36.09	20.43
21.26	15.94
13.13	34.1
15.96	6.61
21.74	18.76
10.48	16.57
9.02	16.83
21.6	18.69
16.88	17.76
21.9	24.78
6.06	10.32
22.63	16.38
28.7	20.71
28.79	28.04
13.56	11.72
19.07	10.42
16.12	14.02
29.22	21.06
12.33	26.77
12.43	20.15
35.57	14.66
39.39	11.24
15.97	16.13
30.61	27.75
14.67	13.09
39.6	8.52
10.28	20
10.13	37.85
13.12	14.27
33.38	17.44
35.06	15.65
16.72	28.66
26.28	23.11
33.49	17.83
20.38	21.82
24.85	11.82
36.64	24.1
21.9	21.14
28.2	46.95
7.08	19.29
12.4	9.97
29.78	21.72
10.39	6.71
15.66	26.01
20.38	7.27
20.79	10.4
9.46	16.89
9.29	27.04
6.16	14.17
6.65	11.61
19.97	28.64
28.14	18.89
26.62	11.48
32.31	13.22
34.38	11.94
27.6	14.69
9.19	10.18
21.75	20.5
22.38	10.37
23.73	25.95
15.13	10.66
26.82	30.47
18.9	8.22
29.81	8.87
35.83	35.22
21.4	12.29
24.99	6.97
22.52	32.66
29.73	20.1
19.36	18.6
17.79	20.8
14.23	7.2
24.52	31.07
28.46	30
11.35	13.64
15.99	26.41
11.65	14.55
23.17	25.58
18.3	15.62
32.01	33.23
18.34	19.8
7.83	19.79
33.65	10.92
29.67	39.52
8.17	33.82
27.42	29.1
16.34	13.14
20.83	14.78
9.33	24.15
17.42	10.77
16.94	18.02
11.57	7.07
9.63	10.38
23.19	14.69
15.06	27.95
42.52	25.39
15.78	14.68
20.72	14.99
19.34	21.34
24.8	20.4
6.57	26.88
26.83	29.63
35.38	37.79
15.01	15.6
27	32.93
7.43	13.91
16.04	19.27
16.11	27.21
18.58	14.58
19.34	23
16.49	19.49
28.45	17.73
31.05	38.16
13.69	8.17
31.09	10.31
12.33	11.15
32.63	20.86
7.13	7.35
18.06	19.65
24.11	27.31
14.49	10.4
21.72	21.81
7.02	13.98
27.98	11.37
6.47	33.86
19.33	36.57
49.48	18.35
10.82	23.56
18.31	6.2
13.52	29.3
19.46	9.5
20.38	19.88
20.79	13.17
23.89	30.98
11.71	16.09
15.71	14.32
22.71	20.29
29.71	28.68
25.71	17.53
17.66	20.56
31.03	8.06
24.65	18.63
7.57	10.89
6.94	25.39
16.88	23.12
11.54	11.43
13.67	19.96
9.75	21.49
21.81	27.01
14.06	17.04
27.03	6.97
28.8	20.23
18.61	29.93
15.75	25.83
11.54	31.21
12.58	14.46
12.66	20.61
19.34	15.87
12.78	20.97
24.49	14.59
21.29	34.31
16.42	7.73
25	30.99
37.47	23.6
16.58	16.95
31.24	24.8
14.13	16.61
6.87	25.77
25.15	20.35
28.32	16.85
22.49	23.15
8.11	25.81
44.92	7.73
38.38	15.03
12.29	19.49
36.66	35.59
20.53	22.3
34.12	22.95
32.49	16.93
16.69	18.47
14.63	9.97
15.17	19.2
28.47	11.58
32.78	26.23
26.08	22.04
30.43	25.79
23.62	17.72
27.45	7.01
20.02	19.38
29.42	17.24
27.85	24.88
10.88	22.23
21.67	7.95
12.01	14.39
23.07	11.58
39.79	20.32
15.04	19.21
24.8	20.21
22.51	27.02
31.53	19.67
14.68	13.75
37.21	10.28
16.02	13.34
22.69	11.81
32.77	24.42
17.16	10.45
38.43	22.25
43.11	9.9
17.15	8.98
14.14	16.1
17.97	25.54
38.05	14.87
15.59	15.85
20.37	15.89
27.36	21.97
39.41	27.97
18.84	13.85
9.6	14.63
21.26	15.73
34.8	20.28
9.39	9.84
34.41	18.74
14.82	29.68
26.89	19.1
8.97	25.99
30.61	23.32
7.16	26.08
8.94	6.38
35.83	29.21
26.99	17.32
20.61	22.06
16.3	20.23
21.57	32.42
7.65	14.1
23.66	21.36
16.71	17.57
9.54	15.61
20.13	20.23
12.11	29.96
6.92	29.53
7.35	22.25
20.77	21.94
29.39	19.35
41.65	15.92
8.85	13.97
29.73	14.68
20.53	29.41
14.65	12.95
25.75	19.11
20.31	20.67
11.79	17.8
26.88	9.03
18.54	17.84
9.88	11.44
9.9	21.8
12.64	8.53
17.96	10.17
12.41	18.63
21.74	17.44
18.21	19.02
	15.95
	22.04
	21.76
	24.26
	14.28
	8.74
	20.44
	12.01
	27.97
	26
	31.33
	23.63
	23.6
	7.35
	24.8
	10.43
	26.03
	14.12
	14.27
	17.84
	16.24
	9.24
	27.33
	20.05
	17.35
	10.03
	24.73
	10.19
	11.98
	13.67
	20.26
	23.7
	15.31
	32.6
	17.79
	29.29
	8.74
	13.21
	11.62
	23.14
	13.28
	23.7
	36.17
	7.9
	30.21
	8.13
	27.2
	15.78
	7.8
	18.08
	20.94
	14.29
	16.62
	17.71