statistics

statistics

A researcher is interested in estimating the difference in average salaries for fresh MBA graduates and fresh BAS graduates who are newly hired. The samples results are:

MBA BAS
n1 = 10 persons n2 = 10 persons
$1800
$1450 S1 = $80 S2 = $50

a) Check the assumption of common variance.

b) Find the pooled estimate of the common variance.

c) Calculate the 90% confidence interval for the difference in average salaries for fresh MBA graduates and fresh BAS graduates.

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