I am confidant that the mean starting salaries of all my econ students is $60,000. If i am right, what are the chances of you asking 36 randomly selected graduated what their starting salaries were and getting a sample mean of $57,000 or less. Assume your standard deviation was $10,942. 1) 45% 2) 1.645% 3) 5% 4) 27.4%

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I am confidant that the mean starting salaries of all my econ students is $60,000. If i am right, what are the chances of you asking 36 randomly selected graduated what their starting salaries were and getting a sample mean of $57,000 or less. Assume your standard deviation was $10,942.

1) 45%

2) 1.645%

3) 5%

4) 27.4%

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