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A manager wants to see if it is worth going back for an MBA degree. They randomly sample 18 managers' salaries before and after undertaking

A manager wants to see if it is worth going back for an MBA degree. They randomly sample 18 managers' salaries before and after undertaking a MBA degree and record their salaries in thousands of dollars. Assume Salaries are normally distributed. Test the claim that the MBA degree, on average, increases a manager's salary. Use a 10% level of significance.

t-Test: Paired Two Sample for Means

New Salary

Old Salary

Mean

59.82778

52.66667

Variance

175.5551

112.7012

Observations

18

18

Pearson Correlation

0.7464

Hypothesized Mean Difference

0

df

17

t Stat

3.4340

P(T<=t) one-tail

0.0016

t Critical one-tail

1.3334

P(T<=t) two-tail

0.0033

t Critical two-tail

1.7396

The hypotheses for this problem are:

H0: D = 0

H1: D > 0

What is the correct p-value?

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