2. Is P(AIB) the same as P (BIA)?
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- A recent college graduate is trying to decide whether or not pursuing a Master's degree is worth it. He decides examine this question at the a 0.05 level of significance, by comparing the salaries of a random sample of adults with only a Bachelor's degree to a random sample of adults with a Master's degree to see if the adults with a Master's degree earn more money. Let uB represent the average salary of an adult with a Bachelor's degree only and uM represent the average salary of an adult with a Master's degree. Which would be correct hypotheses for this test? O Ho: HB = M, H1: HB > µM O Ho:HB µM, H1 : µB = µM O Ho: HB = HM, H1: HB < µM O Ho: HB = µM, H1: HB # UM A random sample of 68 adults with only a Bachelor's degree had an average salary of $45452, with a standard deviation of $1187. A random sample of 40 adults with a Master's degree had an average salary of $47214, with a standard deviation of $1769. Find the test statistic (2 decimal places): Give the P-value (4 decimal places…The mayor of a town has proposed a plan for the annexation of a new bridge. A political study took a sample of 1400 voters in the town and found that 23% of the residents favored annexation. Using the data, a political strategist wants to test the claim that the percentage of residents who favor annexation is not equal to 26%. Testing at the 0.02 level, is there enough evidence to support the strategist's claim? A)Identify the value of the level of significance. B)Make the decision to reject or fail to reject the null hypothesis. C)State the conclusion of the hypothesis test.I need some help with my stats homework. It comes from introduction to the practice of Statistics Ninth edition exercise 6.72
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