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Suppose we have annual income for a sample of men and women provided below. Either using...

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Statistics

Suppose we have annual income for a sample of men and womenprovided below. Either using Excel or conducting this by hand, testto see whether the average annual income of men and women are thesame. Conduct this at the 0.05 level. Make sure to test (also atthe 0.05 level) that variances are the same. Show all your work orprovide Excel output with a writtenexplanation.

    Men

Women

99000

47000

32500

46500

14500

47200

78000

46900

22000

47300

15000

47250

92000

46750

11000

47100

37000

67000

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