The average salary for American college graduates is $45,900. You suspect that the average is different for graduates from your college. The 62 randomly selected graduates from your college had an average salary of $41,473 and a standard deviation of $14,360. What can be concluded at the a = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ?v Select an answer H1: ?v Select an answerv 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 2 a f. Based on this, we should Select an answerv the null hypothesis.

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The average salary for American college graduates is $45,900. You suspect that the average is different for
graduates from your college. The 62 randomly selected graduates from your college had an average salary
of $41,473 and a standard deviation of $14,360. What can be concluded at the a = 0.05 level of
significance?
a. For this study, we should use Select an answer
b. The null and alternative hypotheses would be:
Ho: ?v Select an answer
H1:
?v Select an answer
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 ? a
f. Based on this, we should Select an answerv the null hypothesis.
Transcribed Image Text:The average salary for American college graduates is $45,900. You suspect that the average is different for graduates from your college. The 62 randomly selected graduates from your college had an average salary of $41,473 and a standard deviation of $14,360. What can be concluded at the a = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ?v Select an answer H1: ?v Select an answer 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 ? a f. Based on this, we should Select an answerv the null hypothesis.
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