Question
Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the
Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose that a random sample of companies yielded the following data:
B: Percent for company 2 | 5| 29 |8 | 21 | 14 | 13 | 12
A: Percent for CEO -1 | 5 | 21 | 13 | 12 | 18 | 9| 8
Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 1% level of significance. Will you use a left tailed, right tailed, or two tailed test?
Group of answer choices
IT IS A:
A) left tailed test
B) right tailed test
C) two tailed test
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