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Effects of race and sex on mean earnings

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The financial aid office of an American university asks a sample of students about their employment and earnings. The report states "For academic year earnings, a significant difference (p = .028) was found between the sexes, with men earning more on average than women. No difference (p= 0.576) was found between earnings of black and white students." Explain both of these conclusions (including the p-values), for the effects of race and sex on mean earnings, in language understandable to someone who knows no statistics.

Reference no: EM132495412

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