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BUS 308 Week 4 Assignment

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BUS 308 wk 4 assignment

Week 4 Confidence Intervals and Chi Square ; (Chs 11 – 12) ; Let’s look at some other factors that might influence pay. <Note: use right click on row numbers to insert rows to perform analysis below any question>
For question 3 below, be sure to list the null and alternate hypothesis statements. ; Use .05 for your significance level in making your decisions. ;
For full credit, you need to also show the statistical outcomes – either the Excel test result or the calculations you performed. ;
;
1 One question we might have is if the distribution of ; graduate and undergraduate degrees independent of the grade the employee? ;
(Note: this is the same as asking if the degrees are distributed the same way.) ;
Based on the analysis of our sample data (shown below), what is your answer? ; ; ; ; ;
Ho: The populaton correlation between grade and degree is 0. ;
Ha: The population correlation between grade and degree is > 0 ;
Perform analysis: ;
OBSERVED A B C D E F Total ;
COUNT – M or 0 7 5 3 2 5 3 25 ;
COUNT – F or 1 8 2 2 3 7 3 25 ;
total 15 7 5 5 12 6 50 ;
EXPECTED ;
7.5 3.5 2.5 2.5 6 3 25 <Highlighting each cell with show how the value
7.5 3.5 2.5 2.5 6 3 25 is found: row total times column total divided by
15 7 5 5 12 6 50 grand total.>
;
By using either the Excel Chi Square functions or calculating the results directly as the text shows, do we ;
reject or not reject the null hypothesis? ; What does your conclusion mean? ;
Interpretation: ;
;
2 Using our sample data, we can construct a 95% confidence interval for the population’s mean salary for each gender. ;
Interpret the results. ; How do they compare with the findings in the week 2 one sample t-test outcomes (Question 1)? ;
Males Mean St error Low to High ;
52 3.65878 44.4483 59.5517 Results are mean +/-2.064*standard error
Females 38 3.62275 30.5226 45.4774 2.064 is t value for 95% interval
<Reminder: standard error is the sample standard deviation divided by the square root of the sample size.> ;
Interpretation: ;
;
;
3 Based on our sample data, can we conclude that males and females are distributed across grades in a similar pattern within the population? ;
;
4 Using our sample data, construct a 95% confidence interval for the population’s mean service difference for each gender. ;
Do they intersect or overlap? ; How do these results compare to the findings in week 2, question 2? ;
;
5 How do you interpret these results in light of our question about equal pay for equal work? ;
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“FIRST15”

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