Ashford BUS308 NEW (Ashford) Week 2 Problem SetBUS 308 NEW (Ashford) Week 2: Downside SetComplete the issues under and submit your work in an Excel doc. Be sure you present all your work and clearly label all calculations. All statistical calculations will use theEmployee Wage Knowledge Set. Included within the Week Two tab of the Worker Wage Knowledge Set are 2 one-sample t-tests evaluating female and male common salaries to the general pattern imply.Primarily based on our pattern, how do you interpret the outcomes and what do these outcomes counsel in regards to the inhabitants means for female and male salaries?Primarily based on our pattern outcomes, carry out a 2-sample t-test to see if the inhabitants female and male salaries might be equal to one another.Primarily based on our pattern outcomes, can the female and male compas within the inhabitants be equal to one another? (One other 2-sample t-test.)What different data would you prefer to know to reply the query about wage fairness between the genders? Why?If the wage and compa imply exams in questions three and four present totally different outcomes about female and male wage equality, which might be extra acceptable to make use of in answering the query about wage fairness? Why? What are your conclusions about equal pay at this level?