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You may need to use the appropriate technology to answer this question. Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class: esc Ho: (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. (Let , = the population mean salary for Finance majors, and let #₂ = the population mean salary for Business Analytics majors. Enter != for as needed.). ul-u2 ≤0 H: Finance Majors Business Analytics Majors n₁ = 120 x₁ = $48,437 $1 = $19,000 ul < u2 65°F Mostly cloudy ? (b) What is the value of the test statistic? (Use #₁-H₂. Round your answer to three decimal places.) -1.998 x (c) What is the p-value? (Round your answer to four decimal places.) p-value 9973 x x (d) What is your conclusion?? Reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. O Do not reject Ho We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. O Do not reject H. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Reject H. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. (17 @ X n₂ = 30 X₂= $55,417 S₂ = $10,000 # is ye ¹4- /$ 40 % 4- ^ 3+ & 144 * DE no obl insert prt sc delete backspace A home num + D and 1 3:12 PM O 10/9/2022 po up pq on

You may need to use the appropriate technology to answer this question. Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class: esc Ho: (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. (Let , = the population mean salary for Finance majors, and let #₂ = the population mean salary for Business Analytics majors. Enter != for as needed.). ul-u2 ≤0 H: Finance Majors Business Analytics Majors n₁ = 120 x₁ = $48,437 $1 = $19,000 ul < u2 65°F Mostly cloudy ? (b) What is the value of the test statistic? (Use #₁-H₂. Round your answer to three decimal places.) -1.998 x (c) What is the p-value? (Round your answer to four decimal places.) p-value 9973 x x (d) What is your conclusion?? Reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. O Do not reject Ho We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. O Do not reject H. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Reject H. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. (17 @ X n₂ = 30 X₂= $55,417 S₂ = $10,000 # is ye ¹4- /$ 40 % 4- ^ 3+ & 144 * DE no obl insert prt sc delete backspace A home num + D and 1 3:12 PM O 10/9/2022 po up pq on

MATLAB: An Introduction with Applications
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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esc You may need to use the appropriate technology to answer this question. Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors 72 = 30 X₂ = $55,417 Ho: H₂ (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. (Let μ = the population mean salary for Finance majors, and let #₂ = the population mean salary for Business Analytics majors. Enter != for # as needed.) ul-u2 ≤0 x₁ = $48,437 $1 = $19,000 ₁ 65°F Mostly cloudy = 120 ul < u2 @ (b) What is the value of the test statistic? (Use #₁-₂. Round your answer to three decimal places.) -1.998 X f2 (c) What is the p-value? (Round your answer to four decimal places.) p-value=9973 X 2 (d) What is your conclusion? O Reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Do not reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Do not reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. f3 X X # $2 = $10,000 * 3 f47 ***** $ 4 f5 40 % 5 f6 4- 01 6 f7 4+ & 7 fg 144 * fg 8 ( f10 DDI 9 f12 insert prt sc 11 delete backspace home num lock end 3:12 PM 10/9/2022 pg up 67 pg dn
Transcribed Image Text:esc You may need to use the appropriate technology to answer this question. Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors 72 = 30 X₂ = $55,417 Ho: H₂ (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. (Let μ = the population mean salary for Finance majors, and let #₂ = the population mean salary for Business Analytics majors. Enter != for # as needed.) ul-u2 ≤0 x₁ = $48,437 $1 = $19,000 ₁ 65°F Mostly cloudy = 120 ul < u2 @ (b) What is the value of the test statistic? (Use #₁-₂. Round your answer to three decimal places.) -1.998 X f2 (c) What is the p-value? (Round your answer to four decimal places.) p-value=9973 X 2 (d) What is your conclusion? O Reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Do not reject Ho. We cannot conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Do not reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Reject Ho. We can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. f3 X X # $2 = $10,000 * 3 f47 ***** $ 4 f5 40 % 5 f6 4- 01 6 f7 4+ & 7 fg 144 * fg 8 ( f10 DDI 9 f12 insert prt sc 11 delete backspace home num lock end 3:12 PM 10/9/2022 pg up 67 pg dn
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