BUS308 - WEEK 4

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Score:Week 4Confidence Intervals and Chi Square  (Chs 11 - 12)         
 For questions 3 and 4 below, be sure to list the null and alternate hypothesis statements.  Use .05 for your significance level in making your decisions.  
 For full credit, you need to also show the statistical outcomes - either the Excel test result or the calculations you performed.    
                
<1 point>1Using our sample data, construct a 95% confidence interval for the population's mean salary for each gender.      
  Interpret the results.  How do they compare with the findings in the week 2 one sample t-test outcomes (Question 1)?   
   MeanSt error t value Low to High      
  Males             
  Females             
  <Reminder: standard error is the sample standard deviation divided by the square root of the sample size.>    
 Interpretation:              
                
                
<1 point>2Using our sample data, construct a 95% confidence interval for the mean salary difference between the genders in the population.     
   How does this compare to the findings in week 2, question 2?        
                
  DifferenceSt Err.T value  Low to High      
                
                
                
     Yes/No          
  Can the means be equal? Why?         
                
  How does this compare to the week 2, question 2 result (2 sampe t-test)?      
                
 a.Why is using a two sample tool (t-test, confidence interval) a better choice than using 2 one-sample techniques when comparing two samples?
                
                
<1 point>3We found last week that the degree  values within the population do not impact compa rates.       
   This does not mean that degrees are distributed evenly across the grades and genders.      
  Do males and females have athe same distribution of degrees by grade?       
  (Note: while technically the sample size might not be large enough to perform this test, ignore this limitation for this exercise.)  
                
  What are the hypothesis statements:          
  Ho:              
  Ha:             
 Note:  You can either use the Excel Chi-related functions or do the calculations manually.       
  Data input tables - graduate degrees by gender and grade level        
 OBSERVEDA BCDEFTotal If desired, you can do manual calculations per cell here.
 M Grad        A BCDEF
 Fem Grad       M Grad      
 Male Und       Fem Grad      
 Female Und       Male Und      
         Female Und      
                
          Sum =     
 EXPECTED              
 M Grad       For this exercise - ignore the requirement for a correction factor 
 Fem Grad       for cells with expected values less than 5.   
 Male Und              
 Female Und              
                
                
                
                
                
 Interpretation:              
     What is the value of the chi square statistic:           
     What is the p-value associated with this value:           
     Is the p-value <0.05?          
     Do you reject or not reject the null hypothesis:           
     If you rejected the null, what is the Cramer's V correlation:          
     What does this correlation mean?          
     What does this decision mean for our equal pay question:           
                
                
<1 point>4Based on our sample data, can we conclude that males and females are distributed across grades in a similar pattern   
  within the population?           
                
  What are the hypothesis statements:          
  Ho:              
  Ha:             
                
           Do manual calculations per cell here (if desired)
   A BCDEF  A BCDE
  OBS COUNT - m       M     
  OBS COUNT - f       F     
                
          Sum =      
  EXPECTED             
                
                
                
     What is the value of the chi square statistic:           
     What is the p-value associated with this value:           
     Is the p-value <0.05?          
     Do you reject or not reject the null hypothesis:           
     If you rejected the null, what is the Phi correlation:          
     What does this correlation mean?          
                
     What does this decision mean for our equal pay question:           
                
<2 points>5.      How do you interpret these results in light of our question about equal pay for equal work?       
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