Question 7 A career services specialist at a large university is charged with tracking the performance of the graduates of two majors: MBA with a concentration in Finance and the traditional MBA. The specialist obtains data on their annual salaries from a random sample of graduates of these programs who have been employed for three years. The results are given below. MBA MBA (Finance) (Traditional) Sample Size Average Standard Deviation 19 12 $65,700 $8,650 $60,250 $7,825 Suppose the career services specialist suspects that the MBA in Finance with three years' experience earns, on average, a higher salary than the Traditional MBA with three years' experience. What is the correct critical value of t (from the t table) if we use an alpha of 0.10?
Question 7 A career services specialist at a large university is charged with tracking the performance of the graduates of two majors: MBA with a concentration in Finance and the traditional MBA. The specialist obtains data on their annual salaries from a random sample of graduates of these programs who have been employed for three years. The results are given below. MBA MBA (Finance) (Traditional) Sample Size Average Standard Deviation 19 12 $65,700 $8,650 $60,250 $7,825 Suppose the career services specialist suspects that the MBA in Finance with three years' experience earns, on average, a higher salary than the Traditional MBA with three years' experience. What is the correct critical value of t (from the t table) if we use an alpha of 0.10?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Transcribed Image Text:Question 7
A career services specialist at a large university is charged with tracking the performance of the graduates of
two majors: MBA with a concentration in Finance and the traditional MBA. The specialist obtains data on
their annual salaries from a random sample of graduates of these programs who have been employed for three
years. The results are given below.
MBA
MBA
(Finance)
(Traditional)
Sample Size
Average
19
12
$60,250
$7,825
$65,700
Standard Deviation
$8,650
Suppose the career services specialist suspects that the MBA in Finance with three years' experience earns, on
average, a higher salary than the Traditional MBA with three years' experience. What is the correct critical
value of t (from the t table) if we use an alpha of 0.10?
it.
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