Wages Case Study: Hypothesis Testing
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Attached is an excel sheet with all data required for a 5 step hypothesis test. Please use a nonparametric test.
Hypothesis Statement:
H0: There is no significant difference in the mean wage of the three age groups with more then 12 yrs of education.
H1: There is a significant difference in the mean wage of the three age groups with 12 years or less of education.
Please provide the below:
1. 5 Steps identified
2. Which nonparametric test was used? Megastat can be used.
3. Provide any relevant graphs, charts and tables
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Solution Summary
Detailed solution to case study in excel format.
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