Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The W A 1 W A 5 E xecutive Compensation file indicates that the 8 5 % o f the sampled top - compensated

The "WA1WA5Executive Compensation" file indicates that the 85%of the sampled top-compensated executives
are male, and 15%106.6,m,53t-test or the nonpooled t-test.
Provide a rationale.
Perform the hypothesis test.
Analyze the test results, state your conclusion(s), and provide the rationale for your statement(s).
Using Excel statistical functions and formulas:
Calculate the confidence interval.
Looking at the result, state your conclusion.
How does this result change or confirm your analysis and conclusion(s) from the hypothesis test? Provide a
rationale.
WA1- Executive Compensation
WA5- Executive Compensation
1 Year Pay
ID Industry ($ mil) Gender Age
1 health 106.6m58
2 communications 68.8m64
3 entertainment 55.7m60
4 health 53.9m56
5 entertainment 51.7m65
6 retail 45.0f71
7 health 44.7m59
8 energy 40.7m57
9 industrial 39.7m61
10 communications 38.4f64
11 health 35.3m58
12 health 35.3m46
13 energy 35.0m61
14 health 33.9m52
15 communications 33.0m63
16 communications 32.8f48
17 energy 32.0m56
18 energy 31.9f75
19 industrial 31.7m59
20 industrial 31.5m56
21 energy 31.4m57
22 retail 31.1m57
23 retail 31.0m58
24 retail 30.9m55
25 energy 30.3m56
26 industrial 29.8m59
27 health 28.3m83
28 entertainment 27.6f62
29 industrial 26.5m64
30 industrial 26.0m62
31 retail 25.5m54
32 industrial 25.1m53
33 health 24.9m60
34 industrial 24.7m68
35 industrial 24.2m64
36 industrial 24.2m47
37 transportation 24.1m59
38 transportation 23.4m62
39 health 23.4m56
40 health 23.2m56
41 financial 23.0m58
42 financial 22.3m49
43 communications 22.3m51
44 financial 22.2m59
45 retail 21.7m66
46 energy 21.6m63
47 financial 21.3m65
48 industrial 21.2m57
49 energy 21.1m64
50 communications 20.9m57
51 transportation 20.8m60
52 industrial 20.6m60
53 retail 20.6f55
54 financial 20.2m65
55 financial 20.1m58
56 industrial 20.1m59
57 financial 20.0m59
58 transportation 19.9m66
59 communications 19.9m61
60 retail 19.8m62
61 financial 19.8m48
62 financial 19.7m53
63 industrial 19.6m61
64 health 19.2m62
65 energy 18.9m60
66 industrial 18.5m55
67 industrial 18.5m60
68 industrial 18.5m48
69 financial 18.2m59
70 transportation 18.2m63
71 health 18.0m62
72 retail 17.7m56
73 communications 17.6m51
74 industrial 17.5m51
75 retail 17.5f57
76 retail 17.4m49
77 retail 17.4m62
78 health 17.3m58
79 energy 17.3f50
80 industrial 17.2m60
81 health 17.1m64
82 retail 17.0f60
83 health 16.7m57
84 financial 16.7m58
85 retail 16.6m58
86 health 16.3m56
87 communications 16.1f55
88 communications 16.1f58
89 industrial 16.0m47
90 communications 15.8m80
91 entertainment 15.8f62
92 industrial 15.7m53
93 industrial 15.6m62
94 financial 15.4m55
95 energy 15.4f60
96 industrial 15.3f48
97 retail 15.2m55
98 industrial 15.1m59
99 industrail 14.9f61
100 industrial 14.9m47
image text in transcribed

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

Fundamentals of Financial Management

Authors: Eugene F. Brigham, Joel F. Houston

Concise 6th Edition

324664559, 978-0324664553

Students also viewed these Finance questions