Mean difference between similar male and female graduates


Discuss te below:

The director of a university's development center is interested in comparing the starting annual salaries of male and female students who recently graduated form the university and commenced full-time employment. The director has formed pairs of male and female graduates with the same major and similar grade point averages. Specifically, she has collected a random sample of 50 such pairs and has recorded the starting annual salary of each person. These data are provided below,

Q: Construct a 99% confidence interval for the mean difference between similar male and female graduates of this university. Interpret your result.

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