Three years ago, the average starting salary of a new business graduate with a major in accounting in UAE was 15,000 Dhs. A random sample of 10 accounting graduates from this year's graduating class of ZU is selected. The ZU management wants to determine if the starting salaries have increased in the last three years. Assume that the population of starting salaries in accounting is strongly skewed. Which one of the following tests is appropriate for this problem? aOne-sample t-test bOne-sample z-test cEither one-sample z-test or one-sample t-test dNeither one-sample z-test nor one-sample t-test

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Description: Three years ago, the average starting salary of a new business graduate with a major in accounting in UAE was 15,000 Dhs. A random sample of 10 accounting graduates from this year's graduating class of ZU is selected. The ZU management wants to deter

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

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Three years ago, the average starting salary of a new business graduate with a major in accounting in UAE was 15,000 Dhs. A random sample of 10 accounting graduates from this year's graduating class of ZU is selected. The ZU management wants to determine if the starting salaries have increased in the last three years. Assume that the population of starting salaries in accounting is strongly skewed. Which one of the following tests is appropriate for this problem?

a

One-sample t-test

b

One-sample z-test

c

Either one-sample z-test or one-sample t-test

d

Neither one-sample z-test nor one-sample t-test

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