Question number 8

8) A women's advocacy group claims that women golfers 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 a = 0.01, test the group's claim. Assume the population variances are not equal. Expaln how you computed the sample means and standard deviations. Suggestion: use Excel Female Golfers 180,000 150,000 240,000 195,000 202,500 120,000 165,000 225,000 150,000 315,000 Male Golfers 864,000 810,000 1,170,000 810,000 630,000 1,050,000 945,000 1,008,000 900,000 756,000 630,000 900,000 -2 2