Explore BrainMass

Explore BrainMass

    Confidence Interval and Mean Difference

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.

    © BrainMass Inc. brainmass.com September 29, 2022, 2:38 pm ad1c9bdddf
    https://brainmass.com/statistics/confidence-interval/confidence-interval-mean-difference-213955

    Solution Preview

    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 ...

    Solution Summary

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

    $2.49

    ADVERTISEMENT