The study described in the Exercise 10.18 also evaluated personal income by gender. The average earnings per

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The study described in the Exercise 10.18 also evaluated personal income by gender. The average earnings per year were $35,800 for men with a standard deviation of $14,600. The average earnings for women were $23,900 with a standard deviation of $21,900. Software shows the following results:
The study described in the Exercise 10.18 also evaluated personal

a. Does it seem plausible that employment has a normal distribution for each gender? Explain.
b. What effect does the answer to part a have on inference comparing population means? What assumptions are made for the inferences in this table?
c. A 95% confidence interval for the difference in the population means for women and men is ($9,547, $14,253). Interpret, indicating the relevance of $0 not falling in the interval.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics The Art And Science Of Learning From Data

ISBN: 9780321755940

3rd Edition

Authors: Alan Agresti, Christine A. Franklin

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