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A Consumer Advocate Is Comparing Income for a Wide Variety

Question 21

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A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.What is the value of the bootstrap standard error? A) $10,807 B) $ C) $ D) $ The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.What is the value of the bootstrap standard error?


A) $10,807
B) $ A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.What is the value of the bootstrap standard error? A) $10,807 B) $ C) $ D) $
C) $ A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.What is the value of the bootstrap standard error? A) $10,807 B) $ C) $ D) $
D) $ A consumer advocate is comparing income for a wide variety of jobs between the South and the Northeast.The average income of a simple random sample of 800 jobs in the Northeast is compared to the average income of a simple random sample of 750 jobs in the South.From the collected data,950 resamples are taken.Each time,750 incomes are selected with replacement from the data collected from the South,and 800 incomes are selected with replacement from the data collected from the Northeast.The distribution of the difference in means based on the resamples is shown below (in thousands of dollars) . The mean of the resamples is $7393,and the standard deviation of the resamples is $10,807.What is the value of the bootstrap standard error? A) $10,807 B) $ C) $ D) $

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