The average salary of graduates entering the Data Science field is reported to be $ 40,000. To test this, a statistician survey 20 graduates and finds their average salary to be $ 43,228 with a standard deviation of $4000. Using α=0.05, is there any evidence to support that the average salary of Data Science graduate is $40,000?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The average salary of graduates entering the Data Science field is reported to be $ 40,000. To test this, a statistician survey 20 graduates and finds their average salary to be $ 43,228 with a standard deviation of $4000. Using α=0.05, is there any evidence to support that the average salary of Data Science graduate is $40,000?

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