Discuss the below:
Q: A sample of 87 professional working women showed that the average amount paid into private pension fund per person, per year, was $5,152, and that the population standard deviation is $1,100. A sample of 76 professional working men showed that the average amount paid into a private pension fund per person, per year was, $5,727, with a population standard deviation of $1,700. At a 5% level of significance, do the data show a difference between men and women in the average amount paid into private pension funds? What is your conclusion?