(All Steps) Furthermore, you obtain the following data from company files; this is random sample of all managers at the company. Use Table 2 to answer th
Question: Furthermore, you obtain the following data from company files; this is random sample of all managers at the company. Use Table 2 to answer th remainder of the questions on the test. Additional information will be provided as needed.
Note: Use Table 2 to answer problem 6
Test the hypothesis that there is no difference in the current average salary paid to men and women. You may assume that the two populations are independent and nearly normal. (Use \(\alpha=.05\) )
- (8) Show all steps of hypothesis testing and support your decision with a either a test statistic and critical value or \(\mathrm{p}-\) value. (Grading criteria: (2) Used appropriate test, (2) hypotheses were correct, (2) computation results given, (2) decision and explanation)
- (2) Based upon your decision in part A determine what type error you might be making and explain what this means.
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