Two Sample Hypothesis Test: Pay and Age
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Develop one business research question from which you will formulate a research hypothesis that will test two populations.
Prepare a 1,050-1,750-word paper describing the results of a hypothesis test of two populations. Be sure to include the following in your paper:
a. Formulate both a numerical and verbal hypothesis statement regarding your research issue.
b. Perform the five-step hypothesis test on data pertaining to your selection.
c. Describe the results of your test, and explain how the findings from this hypothesis testing can be used to answer your research question.
Be sure to include your raw data tables and the results of your computations in your paper, using both graphical and tabular methods of displaying data and results.
The research question is "Whether younger people (ages 18-34) get paid more than older people (ages 35-50)".
Please see the attached document for the necessary data.
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Solution Summary
This response provides guidelines on how to conduct a two sample hypothesis test for the question on whether younger people get paid more than older people.
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