Average income for males

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Two-Sample T-Test and CI: income, Gender Method μ1: mean income for Males µ2: mean income for Females Difference: μ1 - µ2 Descriptive Statistics: Income

Gender N Mean StDev

Males 225 45000.96 5000 Females 96 42000.15 4013

Test: Null hypothesis H0: μ1 - µ2 = 0 Alternative hypothesis H1: μ1 - µ2 ≠ 0T-Value P-Value3.8 0.000084

Use the output above to answer the questions below.

What is your conclusion based on the above calculated p-value shown above?

Use a statistical procedure to determine if the average income for males is more than $50,000.

Reference no: EM132195624

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