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Confidence Interval and Mean Difference

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The director of a university's development center is interested in comparing the starting annual salaries of male and female students who recently graduated form the university and commenced full-time employment. The director has formed pairs of male and female graduates with the same major and similar grade point averages. Specifically, she has collected a random sample of 50 such pairs and has recorded the starting annual salary of each person. These data are provided below,

PROBLEM:

Construct a 99% confidence interval for the mean difference between similar male and female graduates of this university. Interpret your result.

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Solution Summary

The confidence intervals and mean difference for male and female graduates of a university is found. The solution uses 99% confidence intervals.

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Problem 9.23 with Data is attached in excel spread sheet format. The facts and problem have been set out below. I need help in setting up and solving this problem.

FACTS:

The director of a university's development center is interested in comparing the starting annual salaries of male and female students who recently graduated from the university and commenced full-time employment. The director has formed pairs of male and female graduates with the same ...

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