The Excel attachment below contains the hiring salaries (in $1000) of 15 pairs of recent men and women MBA graduates. We wish to use a significance level of 0.01 to test the hypothesis that the starting salaries of male graduates is more than that of the female graduates. What is the P-value of the test?
Attachment:
Men | women |
65 | 71 |
70 | 62 |
64 | 68 |
64 | 63 |
69 | 61 |
69 | 63 |
61 | 69 |
80 | 74 |
73 | 66 |
74 | 63 |
66 | 69 |
69 | 63 |
62 | 67 |
70 | 59 |
75 | 59 |
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