Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a survey of 100 U.S. residents with a high school diploma as their highest educational degree (Group 1) had an average yearly income was

In a survey of 100 U.S. residents with a high school diploma as their highest educational degree (Group 1) had an average yearly income was $35,621. Another 120 U.S. residents with a GED (Group 2) had an average yearly income of $34,598. The population standard deviation for both populations is known to be $3,510. At a 0.01 level of significance, can it be concluded that U.S. residents with a high school diploma make significantly more than those with a GED?

Enter the test statistic - round to 4 decimal places.

Test Statistic z =___

Thanks!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Public Opinion Polls

Authors: Jelke Bethlehem

1st Edition

1498769756, 9781498769754

More Books

Students also viewed these Mathematics questions