The report “Highest Paying Jobs for 2009–10 Bachelor’s Degree Graduates” (National Association of Colleges and Employers, February 2010) states that the mean yearly salary offer for students graduating with a degree in accounting in 2010 is $48,722. Suppose that a random sample of 50 accounting graduates at a large university who received job offers resulted in a mean offer of $49,850 and a standard deviation of $3300. Do the sample data provide strong support for the claim that the mean salary offer for accounting graduates of this university is higher than the 2010 national average of $48,722? Test the relevant hypotheses using a = .05.
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