Question

part (a) Open the "Union Status and Income. xlsx" file that is posted with the assignment....

part (a)

Open the "Union Status and Income. xlsx" file that is posted with the assignment. In order to test whether there is a difference in the variance of income between Union members and non-Union members, use Excel to carry out an "F-Test: Two-Sample for variances" with Alpha =0.05

part (b)

Still using the "Union Status and Income .xlsx" file, carry out a t-test in excel (with Alpha=0.05) that tests whether there is a difference in mean income between Union members and non-union members.

Note that the decision of which of the t-tests in excel is appropriate depends on your result from part (a)

Part (c)

Based on the t-test, what is your decision( "reject" or "do not reject") regarding the null hypothesis that the two population means are equal to each other? Indicate on which part of the Excel output you base your decision.

part (d)

Explain what your answer to part (c) means at a level that can be understood by a high school senior.

Annual Salary of Union Members
44604
33199.5
28959
19977
19743
75256.5
38505
74961
34540.5
28128
50191.5
49179
68964
40230
50938.5
75256.5
38505
74961
Annual Salary of Non-Union Members
125401.5
75352.5
32991
44085
26541
40192.5
29971.5
21714
29178
42252
37749
27181.5
48141
25000.5
47536.5
54267
22851
25225.5
33727.5
45462
17553
16779
18427.5
28926
17176.5
86434.5
125164.5
69969
47553
19968
66814.5
22519.5
50083.5
90939
36763.5
31278
45199.5
47698.5
25194
31189.5
44110.5
43786.5
23935.5
51726
52777.5
39921
62670
83665.5
22740
100107
50026.5
50247
44713.5
22789.5
112747.5
125353.5
48352.5
31278
20680.5
52119
26535
79143
90228
20221.5
14818.5
25183.5
46956
56656.5
75280.5
59832
28840.5
42660
50116.5
32574
56496
44965.5
17670
16495.5
26439
47536.5
54267
22851
25225.5
33727.5
45462
17553
16779
18427.5
28926
17176.5
86434.5
125164.5
69969
47553

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