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Data Were Collected from CEOs in the Consumer Products Industry X=X =

Question 78

Multiple Choice

Data were collected from CEOs in the consumer products industry and the CEOs in the telecommunication industry. The data were analyzed using a software package in order to compare mean salaries of CEOs in the two industries.

HYPOTHESIS: MEAN X = MEAN Y
SAMPLES SELECTED FROM SALARY
X=X = Consumer Products
Y=\mathrm { Y } = Telecommunications

SAMPLE MEAN OF X=1761X = 1761
SAMPLE VARIANCE OF X=3.97555X = \quad 3.97555 E6
SAMPLE SIZE OF X=21X = 21
SAMPLE MEAN OF Y=1093.5Y = 1093.5
SAMPLE VARIANCE OF Y=103255Y = 103255
SAMPLE SIZE OF Y=21\mathrm { Y } = \quad 21


MEAN X-MEAN Y=667.5\mathrm { Y } = \quad 667.5
test statistic =1.47809= \quad 1.47809
D. F. =40= 40
P-VALUE =0.147626= \quad 0.147626
P-VALUE /2=0.0738131/ 2 = 0.0738131
SD. ERROR =451.597= 451.597


Using α=.05\alpha = .05 , give the rejection region for a two-tailed test.


A) Reject H0H _ { 0 } if t>1.684t > 1.684 .
B) Reject H0H _ { 0 } if t>1.684t > 1.684 or t<1.684t < - 1.684 .
C) Reject H0H _ { 0 } if t>2.021t > 2.021 .
D) Reject H0H _ { 0 } if t>2.021t > 2.021 or t<2.021t < - 2.021 .

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