1. What is the 95% CI for the difference between the mean starting salaries of those...

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1. What is the 95% CI for the difference between the meanstarting salaries of those who stay at least three years and thosewho leave before 3 years?  Can you say that you are 95%sure there is a difference?

Case Study:Employee Retention at D&Y
EmployeeStarting SalaryOn Road PctState UnivCIS DegreeStayed 3 YearsTenure
13890057%YesYesNo11
24230068%YesYesNo5
33980075%NoYesNo21
43570029%NoYesYes
54040071%NoYesNo19
63640062%NoYesNo18
73730041%YesNoYes
83660037%NoYesNo17
93460065%NoYesNo20
104230053%YesYesNo16
113780073%NoYesYes
123970060%NoYesNo12
133610056%YesYesYes
143610042%YesYesYes
153380035%NoYesYes
163890036%NoYesYes
173550050%NoYesNo15
183760058%NoYesYes
193810078%YesYesYes
203830016%NoNoYes
213460029%NoYesYes
223630026%NoYesYes
233720059%YesYesNo14
243770055%YesYesYes
253660045%NoYesNo13
264100081%YesYesNo9
2740800111%YesYesNo7
283670056%YesYesYes
293770056%NoYesNo22
303770042%NoYesNo11
313930069%YesYesNo16
323750050%NoYesNo18
334000069%YesYesNo9
344150064%YesNoNo5
353960072%NoYesNo18
363690042%NoYesYes
373950062%NoYesNo5
383780020%NoYesNo23
393860057%NoYesNo8
404060070%YesYesYes
414160063%YesYesYes
424080044%NoNoYes
433620068%NoYesNo31
443960059%NoYesNo10
453610056%YesYesYes
463610042%NoYesYes
473950053%YesYesNo17
483910038%NoYesYes
494030053%YesYesYes
503880078%YesYesYes
513940034%YesYesNo27
523840023%NoYesYes
533520033%NoYesYes
543610024%NoNoYes
553710044%NoYesYes
563720064%YesYesNo23
573680046%YesNoYes
583650027%NoNoYes
593590029%NoNoYes
603790076%YesYesNo14
613790058%NoYesNo26
623790028%NoYesNo14
633670037%NoYesYes
643740049%NoYesNo19
653820062%YesYesYes
663660051%YesYesNo7

Answer & Explanation Solved by verified expert
3.9 Ratings (403 Votes)
We use minitab to solve this question We first test is the variance equal for salaries of Leave before 3 years and Stay at least three years Ho S12 S22 Vs Ha S12 S22 The test statistics is F S12 S22 S12 Larger sample variance betwwen Leave before 3 years and Stay at least three years    See Answer
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