0365 205 In An Attempt To Compare The Starting Salaries

In an attempt to compare the starting salaries of university graduates majoring in education and social sciences, random samples of 50 recent university graduates in each major were selected and the following information was obtained: (6 marks)Major Mean SDEducation ($) 40,554 2225Social science ($) 38,348 2375a. Find a point estimate for the difference in the average starting salaries of university students majoring in education and the social sciences. What is the margin of error for your estimate?b. Based on the results of part a, do you think that there is a significant difference in the means for the two groups in the general population? Explain.

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0365 205 In an attempt to compare the starting salaries

Question
In an attempt to compare the starting salaries of university graduates majoring in education and social sciences, random samples of 50 recent university graduates in each major were selected and the following information was obtained: (6 marks)

Major Mean SD

Education ($) 40,554 2225

Social science ($) 38,348 2375

a. Find a point estimate for the difference in the average starting salaries of university students majoring in education and the social sciences. What is the margin of error for your estimate?

b. Based on the results of part a, do you think that there is a significant difference in the means for the two groups in the general population? Explain.

find the cost of your paper