NZ Scholarship Statistics Practice Questions - New Zealand Scholarship Statistics Assessment Exam

We can be 95% confident that the true population median hourly wage for male graduates is between $4.50 and $8.20 higher than for female graduates There is a 95% probability that any randomly selected male graduate earns between $4.50 and $8.20 more per hour than a female graduate In 95% of individual bootstrap resamples, male median hourly earnings exceeded female median hourly earnings by $4.50 to $8.20 Because the interval does not contain zero, we can conclude that 95% of male graduates earn higher hourly wages than all female graduates