The Tippie College of Business obtained the following results on the salaries of a recent graduating class:
Question:
The Tippie College of Business obtained the following results on the salaries of a recent graduating class:
a. Formulate hypothesis 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 α = .05.
b. What is the value of the test statistic?
c. What is the p-value?
d. What is your conclusion?
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a b c Rounding down we will use a t distribution with 85 degrees of f...View the full answer
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Related Book For 
Statistics For Business & Economics
ISBN: 9781337901062
14th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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