Question
Payroll specialists selected n = 9 technicians and analyzed how their wages have changed in one year. Paired records, (X, Y ), indicate daily wages
Payroll specialists selected n = 9 technicians and analyzed how their wages have changed in one year. Paired records, (X, Y ), indicate daily wages for years 1 and 2, respectively. These records were summarized as follows:
Xbar = 164, Ybar = 175
and the sample standard deviation for D = Y X was found as S = 15.
1. At the significance level, = 0.05, do you have enough evidence that the population average increased, or (Y ) > (X)?
2. Estimate the average population change ((Y ) (X)) in wages with C = 95% confidence. Show critical values in either case and calculations needed!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started