The Tippie College of Business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors n1 = 105 n2 = 30 T1 = $48,988 #2 = $55,448 $1 =...

Extracted text: The Tippie College of Business obtained the following results on the salaries of a recent graduating class: Finance Majors Business Analytics Majors n1 = 105 n2 = 30 T1 = $48,988 #2 = $55,448 $1 = $19,500 82 = $12,500 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. Ho : H1 - 42 E H. : 41 - 42 E b. What is the value of the test statistic? Enter negative value as a negative number, if any. (rounded to 2 decimals) c. What is the p-value? df = (rounded down to nearest whole number) p-value (rounded to 3 decimals) d. What is your conclusion? We conclude v that the salaries of Finance majors are lower than the salaries of Business Analytics majors.