a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ? v Select an answer v H: ?v Select an answer v c. The test statistic ? v = (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? v a f. Based on this, we should Select an answer y the null bunoth
a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ? v Select an answer v H: ?v Select an answer v c. The test statistic ? v = (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? v a f. Based on this, we should Select an answer y the null bunoth
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question

Transcribed Image Text:The average salary for American college graduates is $46,900. You suspect that the average is different for
graduates from your college. The 68 randomly selected graduates from your college had an average salary
of $48,166 and a standard deviation of $12,530. What can be concluded at the a = 0.01 level of
significance?
a. For this study, we should use Select an answer
b. The null and alternative hypotheses would be:
Но:
? vSelect an answer V
H1:
? vSelect an answer V
c. The test statistic
(please show your answer to 3 decimal places.)
d. The p-value =
(Please show your answer to 4 decimal places.)
e. The p-value is ? v a
f. Based on this, we should Select an answer v the null hypothesis.
g. Thus, the final conclusion is that ...
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 5 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman