2. According to the U.S. Census Bureau the average starting salary for college graduates is $44,678. You wonder whether RIT graduates are fairing any better than the national average. You contact recent graduates (class of 2014-2015) and asked them to report their starting salaries. You find, among a sample of 549 recent graduates, that the mean starting salary is $48,453 and a standard deviation of $1,899. Using the steps for hypothesis testing are there any differences?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 11PPS
Question
2.
According to the U.S. Census Bureau the average starting salary for college graduates is
$44,678. You wonder whether RIT graduates are fairing any better than the national
average. You contact recent graduates (class of 2014-2015) and asked them to report their
starting salaries. You find, among a sample of 549 recent graduates, that the mean
starting salary is $48,453 and a standard deviation of $1,899. Using the steps for
hypothesis testing are there any differences?
Transcribed Image Text:2. According to the U.S. Census Bureau the average starting salary for college graduates is $44,678. You wonder whether RIT graduates are fairing any better than the national average. You contact recent graduates (class of 2014-2015) and asked them to report their starting salaries. You find, among a sample of 549 recent graduates, that the mean starting salary is $48,453 and a standard deviation of $1,899. Using the steps for hypothesis testing are there any differences?
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