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NARRBEGIN: CFO's Salary
CFO's Salary
Suppose That the Starting Salaries Xˉ1Xˉ2\bar { X } _ { 1 } - \bar { X } _ { 2 }

Question 94

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NARRBEGIN: CFO's Salary
CFO's Salary
Suppose that the starting salaries of female CFO's have a positively skewed distribution with mean of $56,000 and a standard deviation of $12,000. The starting salaries of male CFO's are positively skewed with a mean of $50,000 and a standard deviation of $10,000. A random sample of 50 female CFO's and a random sample of 40 male CFO's are selected.NARREND
-Two samples are selected independently from two normal populations and the mean and standard error of the sampling distribution of Xˉ1Xˉ2\bar { X } _ { 1 } - \bar { X } _ { 2 } are 32 and 38.72, respectively. Calculate P( Xˉ1Xˉ2\bar { X } _ { 1 } - \bar { X } _ { 2 } > 0).

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