Data was collected from CEOs of companies within both the low-tech industry and the consumer products industry. The following printout compares the mean return-to-pay ratios between CEOs in the low-tech industry and CEOs in the consumer products industry.
HYPOTHESIS: MEAN X = MEAN Y
SAMPLES SELECTED FROM RETURN
industry (low tech)
industry (consumer products) )
industry1
industry3
SAMPLE MEAN OF
SAMPLE VARIANCE OF
SAMPLE SIZE OF X
SAMPLE MEAN OF
SAMPLE VARIANCE OF
SAMPLE SIZE OF
MEAN X - MEAN Y
P-VALUE
SD. ERROR
Using the printout above, find the test statistic necessary for testing whether the mean return-to-pay ratio of low tech CEO's exceeds the return-to-pay ratio of consumer product CEOs.
A)
B)
C)
D)
Correct Answer:
Verified
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