The average salary for American college graduates is $43,900. You suspect that the average is different for graduates from your college. The 65 randomly selected graduates from your college had an...


The average salary for American college graduates is $43,900. You suspect that the average is different for graduates<br>from your college. The 65 randomly selected graduates from your college had an average salary of $43,580 and a<br>standard deviation of $6,730. What can be concluded at thee a =<br>0.05 level of significance?<br>a. For this study,<br>b. The null and alternative hypotheses would be:<br>we should use<br>t-test for a population mean<br>Но:<br>H1<br>c. The test statistic t 4 =<br>(please show your answer to 3 decimal places.)<br>d. The p-value<br>e. The p-value is<br>f. Based on this, we should fail to reject<br>g. Thus, the final conclusion is that ...<br>(Please show your answer to 4 decimal places.)<br>X<br>the null hypothesis<br>

Extracted text: The average salary for American college graduates is $43,900. You suspect that the average is different for graduates from your college. The 65 randomly selected graduates from your college had an average salary of $43,580 and a standard deviation of $6,730. What can be concluded at thee a = 0.05 level of significance? a. For this study, b. The null and alternative hypotheses would be: we should use t-test for a population mean Но: H1 c. The test statistic t 4 = (please show your answer to 3 decimal places.) d. The p-value e. The p-value is f. Based on this, we should fail to reject g. Thus, the final conclusion is that ... (Please show your answer to 4 decimal places.) X the null hypothesis

Jun 03, 2022
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