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It is well documented that, even with the same level of experience, women make less money,...

It is well documented that, even with the same level of experience, women make less money, on average, than men, for the same work. In some US cities, women do better. A newspaper article claims that, in San Francisco, a higher percentage of women earn 6 figures or more. A random sample of 400 women in San Francisco had 12 who earned at least $100,000 dollars per year, while a random sample of 700 men had 10 who earned at least $100,000 per year. Test the article’s claim at a 5% level of significance and interpret your result.

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