1. The following data is a random sample of 10 psychology major graduates at Saint Louis University indicating their incomes (in thousands of dollars).

39.0 50.0 55.2 43.4 52.7 60.1 63.3 56.2 45.9 33.5

With = 0.05, test if the psychology graduates from Saint Louis University differ significantly from the national average of psychology major graduates income of $35,000.

Provide an interpretation of the results

1. The following data is from a random sample of 10 teams indicating how many points, on average, they've score in the NCAA tournament.

76 84 58 60 62 61 64 66 57 59

With = 0.05, test if the average number of points scored for these teams is significantly different than the average number of points scored for all teams in the tournament last year ( = 68).

Provide an interpretation of the results