The Tippie College of Business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors n = 140 n = 30 Z1 = $48,014 Zz = $56,474 31 = $18,500 $2 = $13,500 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. Ho : P1 - H2 - Select your answer H: H1 - 2 -Select your answer- b. What is the value of the test statistic? Enter negative value as a negative number, if any. (rounded to 2 decimals) C. What is the p-value? df - 168 (rounded down to nearest whole number) p-value - (rounded to 3 decimals) d. What is your conclusion? We- Select your answer - v that the salaries of Einance majors are lower than the salaries of Business Analytics majors.
The Tippie College of Business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors n = 140 n = 30 Z1 = $48,014 Zz = $56,474 31 = $18,500 $2 = $13,500 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. Ho : P1 - H2 - Select your answer H: H1 - 2 -Select your answer- b. What is the value of the test statistic? Enter negative value as a negative number, if any. (rounded to 2 decimals) C. What is the p-value? df - 168 (rounded down to nearest whole number) p-value - (rounded to 3 decimals) d. What is your conclusion? We- Select your answer - v that the salaries of Einance majors are lower than the salaries of Business Analytics majors.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:2.
3.
The Tippie College of Business obtained the following results on the salaries of a recent graduating class:
4.
Finance Majors
Business Analytics Majors
140
= 30
5.
I2 = $56,474
$13,500
T1 = $48,014
%3D
6.
81 = $18,500
82
7.
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
8.
majors. Use a = 0.05.
9.
Ho : H1 - H2
- Select your answer -
10.
H. : H1 - 42
Select your answer -
b. What is the value of the test statistic? Enter negative value as a negative number, if any.
(rounded to 2 decimals)
c. What is the p-value?
df =
168 (rounded down to nearest whole number)
%3D
p-value
(rounded to 3 decimals)
d. What is your conclusion?
- Select your answer vthat the salaries of Finance majors are lower than the salaries of Business Analytics majors.
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