Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors n₁ = 120 n₂ = 30 x₁ = $48,437 x₂ = $55,417 $₁= $19,000 $2= $10,000 (a) Formulate hypotheses 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 a = 0.05. (Let #₁ = the population mean salary for Finance majors, and let #₂ = the population mean salary for Business Analytics majors. Enter != for as needed.) Ho: H: ul-u20 ul < u2 x 66°F Mostly sunny X (b) What is the value of the test statistic? (Use #₁ - #₂. Round your answer to three decimal places.) -1.943 x (c) What is the p-value? (Round your answer to four decimal places.) p-value=9973 x (d) What is your conclusion? O Reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Finance majors are significantly lower than the salaries of Business Analytics O Do not reject Ho. We cannot conclude that salaries majors. O Do not reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. E delete A D 5:38 PM 10/9/2022

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