Mathematics, 06.03.2020 21:33 mikecampbellashleyca

A report states that the mean yearly salary offer for students graduating with a degree in accounting is $48,718. Suppose that a random sample of 50 accounting graduates at a large university who received job offers resulted in a mean offer of $49,830 and a standard deviation of $3800. 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 national average of $48,718? Test the relevant hypotheses using α = 0.05. (Use a statistical computer package to calculate the P-value. Round your test statistic to two decimal places and your P-value to three decimal places.)

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A report states that the mean yearly salary offer for students graduating with a degree in accountin...

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