Suppose the Census Bureau has determined that on average college graduates with 10 years of experience earn $87,000 per year. You are interested in whether the average UNH graduate at that level of...


Suppose the Census Bureau has determined that on average college<br>graduates with 10 years of experience earn $87,000 per year. You are<br>interested in whether the average UNH graduate at that level of<br>experience has a different average earnings. You sample 46 UNH grads<br>and find i = $89,950 and s = $5500<br>State the appropriate null hypothesis:<br>1) Ho: x = 0<br>2) Ho: x = $89,950<br>3) H9: μ 0<br>4) Hg: μ- $87,000<br>4<br>O 2<br>O 1<br>3.<br>

Extracted text: Suppose the Census Bureau has determined that on average college graduates with 10 years of experience earn $87,000 per year. You are interested in whether the average UNH graduate at that level of experience has a different average earnings. You sample 46 UNH grads and find i = $89,950 and s = $5500 State the appropriate null hypothesis: 1) Ho: x = 0 2) Ho: x = $89,950 3) H9: μ 0 4) Hg: μ- $87,000 4 O 2 O 1 3.

Jun 09, 2022
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