A labour market researcher wants to investigate if there is a difference in the mean annual salary of government workers

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A labour market researcher wants to investigate if there is a difference in the mean annual salary of government workers

Post by answerhappygod »

A labour market researcher wants to investigate if there is adifference in the mean annual salary of government workers andprivate-sector workers in similar jobs. A random sample of 35government employees doing the same job as their private-sectorcounterparts had a mean annual salary of $66,700. A randomsample of 32 similar-type private-sector jobs had a mean annualsalary of $60,400. Assume that the population standard deviationsof the government and private-sector salaries are $12,000 and$11,000 respectively. What is the standard error of the samplingdistribution of the difference between sample means equalto? Do NOT include the $ sign or any spaces or commasin your answer. Round your answer to 2 decimal places.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply