A. Find the p-value of the test. Do the data supply enough evidence to reject the null hypothesis if a=0.10 (Assume that the data meet the sample size condition.)

The test statistic is:

The p:value is:

Headhunters locate candidates to fill vacant senior positions in companies. These placement companies are typically paid a percentage of the salary of the filled position. A placement company that specializes in biostatistics is considering a move into information technology (IT). It earns a fee of 16% of the starting salary for each position it places. Its numerous placements in biostatistics had an average starting salary of $120,000. Its first 60 placements in IT had an average starting salary of $135,000 (s = $25,000) but each placement cost the company $1200 more than each placement in biostatistics. Should the firm continue its push into the IT industry? Complete parts (a) through (c)