Salaries of Recent College Graduates. The Tippie College of Business obtained the following results on the salaries of a recent graduating class. LO 5 Finance Majors n1=110 , x1=48,537 ,s1=$18,000 Business Analytics Majors n2=30 , x2-55,317, s2=$10,000 Formulate a hypothesis so that, if the null hypothesis is rejected, we can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Use l=0.05 What is the value of the test statistic? What is the p-value? What is your conclusion?
Salaries of Recent College Graduates. The Tippie College of Business obtained the following results on the salaries of a recent graduating class. LO 5 Finance Majors n1=110 , x1=48,537 ,s1=$18,000 Business Analytics Majors n2=30 , x2-55,317, s2=$10,000 Formulate a hypothesis so that, if the null hypothesis is rejected, we can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Use l=0.05 What is the value of the test statistic? What is the p-value? What is your conclusion?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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Salaries of Recent College Graduates. The Tippie College of Business obtained the following results on the salaries of a recent graduating class. LO 5
Finance Majors n1=110 , x1=48,537 ,s1=$18,000
Business Analytics Majors n2=30 , x2-55,317, s2=$10,000
Formulate a hypothesis so that, if the null hypothesis is rejected, we can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Use l=0.05
What is the value of the test statistic?
What is the p-value?
What is your conclusion?
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