A report states that the mean yearly salary offer for students graduating with mathematics and statistics degrees is $62,915. Suppose that a random sample of 50 mathematics and statistics graduates at a large university who received job offers resulted in a mean offer of $63,200 and a standard deviation of $3,700. Do the sample data provide strong support for the claim that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915? Test the relevant hypotheses using a = 0.05. USE SALT Find the test statistic and P-value. (Use technology to calculate the P-value. Round your test statistic to two decimal places and your P-value to four decimal places.) t = P-value = State your conclusion. O Reject Ho. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. O Fail to reject H. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. O Fail to reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. Reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A report states that the mean yearly salary offer for students graduating with mathematics and statistics degrees is $62,915. Suppose that a random sample of 50 mathematics and statistics
graduates at a large university who received job offers resulted in a mean offer of $63,200 and a standard deviation of $3,700. Do the sample data provide strong support for the claim that
the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915? Test the relevant hypotheses using a = 0.05.
USE SALT
Find the test statistic and P-value. (Use technology to calculate the P-value. Round your test statistic to two decimal places and your P-value to four decimal places.)
t =
P-value =
State your conclusion.
O Reject Ho. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915.
Fail to reject H. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915.
O Fail to reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of
$62,915.
O Reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915.
Transcribed Image Text:A report states that the mean yearly salary offer for students graduating with mathematics and statistics degrees is $62,915. Suppose that a random sample of 50 mathematics and statistics graduates at a large university who received job offers resulted in a mean offer of $63,200 and a standard deviation of $3,700. Do the sample data provide strong support for the claim that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915? Test the relevant hypotheses using a = 0.05. USE SALT Find the test statistic and P-value. (Use technology to calculate the P-value. Round your test statistic to two decimal places and your P-value to four decimal places.) t = P-value = State your conclusion. O Reject Ho. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. Fail to reject H. We have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. O Fail to reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915. O Reject Ho. We do not have convincing evidence that the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,915.
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