Answer:
There is sufficient evidence to conclude that women make less money than men doing the same job.
Step-by-step explanation:
The hypothesis for the test can be explained as follows:
H₀: Women does not make less money than men doing the same job, i.e. [tex]\mu\geq \$1343[/tex].
Hₐ: Women make less money than men doing the same job, i.e. [tex]\mu<\$1343[/tex].
From the provided data compute the sample mean and standard deviation:
[tex]\bar x=\frac{1}{n}\sum X=\frac{1}{18}[1811+728+...+1170]=1125.11\\\\s=\sqrt{\frac{1}{n-1}\sum (X-\bar x)^{2}}=\sqrt{\frac{1}{18-1}\times 1322541.86}=278.92[/tex]
Compute the test statistic as follows:
[tex]t=\frac{\bar x-\mu}[\s/\sqrt{n}}=\frac{1125.11-1343}{278.92/\sqrt{18}}=-3.143[/tex]
The test statistic value is -3.143.
Compute the p-value as follows:
[tex]p-value=P(t_{n-1}<-3.143)=P(t_{17}<-3.143)=0.003[/tex]
*Use a t-table.
The p-value of the test is 0.003.
The p-value of the test is very small for all the commonly used significance level. The null hypothesis will be rejected.
Conclusion:
There is sufficient evidence to conclude that women make less money than men doing the same job.