Independent random smaple

Reference no: EM13113956

Independent random samples taken at two companies provide the following information regarding the anual salaries of the employees.

WhitneyCo. Max Co.

sample size 72 50

Sample mean (in$1000) 48 43

Sample standard deviation 12 10

1.at 95% confidence test to determine whether or not there is significant difference between the average salaries of the employees of the two companies.

2. Compute the P-value.

Reference no: EM13113956

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