A certain company gives out end-of-year bonuses to their employees. A statistician takes a random sample of 8 female and 8 male employees to see whether there is any evidence of females gettingsmalleraverage bonuses (in U.S. dollars) than males.
End-of-Year Bonuses (in USD)
What is your conclusion at a significance level of α = 0.05?
there is a difference in averages bonuses for female and males, p-value = 0.052
no significant evidence to suggest different bonuses between the two populations, p-value = 0.052
males are getting smaller bonuses than females, p-value = 0.972
females are getting smaller bonuses than males, p-value = 0.026
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