15. According to the National Association of Colleges and Employers, the meansalary for a new college graduate is $45,327. A small college wants to know ifthe mean salary of their most recent graduates is greater than $45,327. Arandom sample of 10 recent graduates from the small college was selected andthe mean and standard deviation of the salary for those graduates was found.With all conditions for inference met, a significance test was conducted and a p-value of0.045 was obtained. Which of the following statements is the most appropriate conclusionusing a significance level of a = 0.05?(A) There is convincing statistical evidence that the mean salary for all recent collegegraduates from the small college is greater than $45,327.(B) There is convincing statistical evidence that the mean salary for the sample of 10college graduates from the small college is greater than $45,327.(C) There is not convincing statistical evidence that the mean salary for all recentcollege graduates from the small college is greater than $45,327.(D) There is not convincing statistical evidence that the mean salary for the sample of10 college graduates from the small college is greater than $45,327.(E) There is not convincing statistical evidence that the graduates from this collegewill always earn more than $45,327.

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Description: 15. According to the National Association of Colleges and Employers, the meansalary for a new college graduate is $45,327. A small college wants to know ifthe mean salary of their most recent graduates is greater than $45,327. Arandom sample of 10 r

Given Information: Mean salary if new college graduate = $45,327. Sample selected =10. Obtained…

Math

Statistics

15. According to the National Association of Colleges and Employers, the mean salary for a new college graduate is $45,327. A small college wants to know if the mean salary of their most recent graduates is greater than $45,327. A random sample of 10 recent graduates from the small college was selected and the mean and standard deviation of the salary for those graduates was found. With all conditions for inference met, a significance test was conducted and a p-value of 0.045 was obtained. Which of the following statements is the most appropriate conclusion using a significance level of a = o.05? %3D

15. According to the National Association of Colleges and Employers, the mean salary for a new college graduate is $45,327. A small college wants to know if the mean salary of their most recent graduates is greater than $45,327. A random sample of 10 recent graduates from the small college was selected and the mean and standard deviation of the salary for those graduates was found. With all conditions for inference met, a significance test was conducted and a p-value of 0.045 was obtained. Which of the following statements is the most appropriate conclusion using a significance level of a = o.05? %3D

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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