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Question
Independent random samples taken at two companies provided the following information regarding annual salaries of the employees.| Marissa, Inc | Jason, Inc. | |
| Sample Size | 72 | 50 |
| Sample Mean (in $1,000) | 48 | 43 |
| Sample Standard Deviation (in $1,000) | 12 | 10 |
a. We want to determine whether or not there is a significant difference between the average salaries of the employees at the two companies. Compute the test statistic.
b. Compute the p-value; and at 95% confidence, test the hypotheses.
Answer
This answer is hidden. It contains 139 characters.
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