Use SALT to generate the results of the hypothesis test. Select "One Sample t" as the procedure. We are told that the sample mean is $63,300, the sample standard deviation is $3,600, and the sample size is 50. Enter these values into SALT and click "Hypothesis Test." LUSE SALT The hypothesized mean is given as $62,925. Enter this into SALT in the Hypothesized Mean field. This corresponds to null hypothesis Ho: μ--?-- 62,925. We want to test whether the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,925. This corresponds to an alternative hypothesis of H₂: -?- 62,925. Select the direction of the alternative hypothesis in SALT, and click "Generate Results." The test statistic t and the P-value are given in the resulting summary table. Enter the test statistic and P-value, rounding the test statistic to two decimal places and the P-value to four decimal places. t = P-value=

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Use SALT to generate the results of the hypothesis test. Select "One Sample t" as the procedure. We are told that the sample mean is $63,300, the sample standard deviation is $3,600, and the sample size is 50. Enter these
values into SALT and click "Hypothesis Test."
USE SALT
The hypothesized mean is given as $62,925. Enter this into SALT in the Hypothesized Mean field. This corresponds to null hypothesis Ho: μ--?-- 62,925.
We want to test whether the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,925. This corresponds to an alternative hypothesis of H₂: μ--?-- 62,925.
Select the direction of the alternative hypothesis in SALT, and click "Generate Results." The test statistic t and the P-value are given in the resulting summary table.
Enter the test statistic and P-value, rounding the test statistic to two decimal places and the P-value to four decimal places.
t =
P-value
Transcribed Image Text:Use SALT to generate the results of the hypothesis test. Select "One Sample t" as the procedure. We are told that the sample mean is $63,300, the sample standard deviation is $3,600, and the sample size is 50. Enter these values into SALT and click "Hypothesis Test." USE SALT The hypothesized mean is given as $62,925. Enter this into SALT in the Hypothesized Mean field. This corresponds to null hypothesis Ho: μ--?-- 62,925. We want to test whether the mean salary offer for mathematics and statistics graduates of this university is greater than the national average of $62,925. This corresponds to an alternative hypothesis of H₂: μ--?-- 62,925. Select the direction of the alternative hypothesis in SALT, and click "Generate Results." The test statistic t and the P-value are given in the resulting summary table. Enter the test statistic and P-value, rounding the test statistic to two decimal places and the P-value to four decimal places. t = P-value
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