Question

The average salary of all female workers at a large plant is $35,000. The average salary...

The average salary of all female workers at a large plant is $35,000. The average salary of all male workers at the plant is $41,000. If there are more male workers than female workers at the plant, then the average salary at the plant must be

above $41,000

exactly $38,000    

larger than $38,000

smaller than $38,000

Homework Answers

Answer #1

Correct option:

larger than $38,000

EXPLANATION:

Let

x = number of male workers

y = number of female workers

Given x > y.

Given:

Mean salary of female workers = 35,000

So,

Total salary of female workers = 35,000 y

Mean salary of male workers = 41,000

So,

Total salary of male workers = 41,000 x

So,

Total salary of all workers = 41,000 x + 35,000 y

Total number of workers = x + y

So,

Average salary at the plant =

Since x > y,

Correct option:

larger than 38,000

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Exhibit 10-1 Salary information regarding male and female employees of a large company is shown below....
Exhibit 10-1 Salary information regarding male and female employees of a large company is shown below. Male Female Sample Size 64 36 Sample Mean Salary (in $1,000) 44 41 Population Variance 128 72 ​ ​ Refer to Exhibit 10-1. If you are interested in testing whether or not the average salary of males is significantly greater than that of females, using a 5% level of significance, the conclusion is ( Use Excel) Question 6 options: A the average salary of...
Salary information regarding male and female employees of a large company is shown below. Male Female...
Salary information regarding male and female employees of a large company is shown below. Male Female Sample Size: 64 36 Sample Mean Salary (in $1,000): 44 41 Population Variance:    128 72 1.) The standard error for the difference between the two means is 2.) The point estimate of the difference between the means of the two populations is 3.) At 95% confidence, the margin of error is 4.)  The 95% confidence interval for the difference between the means of the two...
Salary information regarding male and female employees of a large company is shown below. Male Female...
Salary information regarding male and female employees of a large company is shown below. Male Female Sample Size 64 36 Sample Mean Salary (in $1000) 44 41 Population Variance (σ2) 128 72 The 95% confidence interval for the difference between the means of the two populations is a. -1.96 to 1.96. b. -.92 to 6.92. c. 0 to 6.92. d. -2 to 2.
A random sample of 100 workers in one large plant took an average of 12 minutes...
A random sample of 100 workers in one large plant took an average of 12 minutes to complete a task, with a standard deviation of 2 minutes. A random sample of 50 workers in a second large plant took an average of 11 minutes to complete the task, with a standard deviation of 3 minutes. Construct a 95% confidence interval for the difference between the two population mean completion times.
Let the mean salary of workers be $920 and the standard deviation of salaries be $870....
Let the mean salary of workers be $920 and the standard deviation of salaries be $870. The probability that the average salary of the 100 workers is larger than $1000 is 17.88%. Ture or False?
Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a...
Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a large company is shown below. Male Female Sample size 64 36 Sample mean salary (in $1000s) 44 41 Population variance 128 72 Refer to Exhibit 10-1. At 95% confidence, we have enough evidence to conclude that the  _____. a. We fail to reject the null hypothesis; we conclude that the average average salary of males is at least as much as females. b. We reject...
In a recent year, the average salary of individuals at a large corporation was $74,320. Assume...
In a recent year, the average salary of individuals at a large corporation was $74,320. Assume the standard deviation is $5,400 and the average salary of individuals in the large corporation is normally distributed. Find the probability that the mean of a sample of 72 employees of the large corporation will be (Show your work to receive credit): a) Between $73,000 and $75,000 b) More than $72,400
Please post all the work so I can understand the process! Thanks :) In a large...
Please post all the work so I can understand the process! Thanks :) In a large corporation, 70% of the employees are male. A random sample of five employees is selected. Assume a binomial distribution. a. What is the probability that the sample contains exactly three male employees? b. What is the probability that the sample contains no male employees? c. What is the probability that the sample contains more than three female employees? d. What is the expected number...
Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a...
Exhibit 10-1 Salary information regarding two independent random samples of male and female employees of a large company is shown below. Male (Population 1) Female (Population 2) Sample size 64 36 Sample mean salary (in $1000s) 44 41 Population variance 128 72 Refer to Exhibit 10-1. The sample suggests that men get paid more than women. We want to test if this is true. Develop a null hypothesis and alternative hypothesis to test this question. a. H0: Mu1 - Mu2...
The average starting salary for this year's graduates at a large university (LU) is $20,000 with...
The average starting salary for this year's graduates at a large university (LU) is $20,000 with a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally distributed. a. What is the probability that a randomly selected LU graduate will have a starting salary of at least $30,400? b. What is the probability that a randomly selected LU graduate will have a salary of exactly $30,400?    c. Individuals with starting salaries of less than $15600...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT