Salaries of seven randomly chosen managers

Reference no: EM13981702

The following data are salaries of seven randomly chosen managers of furniture-making ?rms and eight randomly chosen managers of paper product ?rms. The data are in thousands of dollars per year.

Furniture: 175, 170, 166, 168, 204, 96, 147

Paper products: 89, 120, 136, 160, 111, 101, 98, 80

Use the Wald-Wolfowitz test to determine whether there is evidence that average owner salaries in the two business lines are not equal.

Reference no: EM13981702

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