Comparing two companies’ salary offers
A local newspaper has 10 delivery boys who each deliver the morning newspaper to 50 customers every day
July 9, 2019Sample size
July 9, 2019You are applying for a job at two companies. Company A offers starting salaries with mean= $37,000 and standard deviation= $11,000. Company B offers starting salaries with mean = $37,000 and standard deviation = $8,000.
For which company would you be more likely to get a starting salary of $56000?
A calculation to compare the expected salary offer from two companies based on their mean salaries and standard deviation.
