Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A university claims that their average graduation time for all their students is 4.7 years. The dean of the College of Business and Economics thinks
A university claims that their average graduation time for all their students is 4.7 years. The dean of the College of Business and Economics thinks that their students in that college graduate faster. They took a random sample of 150 students from their college and tracked them to see their graduation time. They found that the average graduation time for these students was 4.48 years with standard deviation of 0.83 year. The p-value of the hypothesis test is p = 0.000722. Check all the correct conclusions. Group of answer choices The results are statistically significant. Reject Ho. We have enough evidence to conclude that the students in this college graduate faster than the average for all students at that university. The results are not statistically significant. Do not reject Ho. We do not have enough evidence to conclude that the students in this college graduate faster than the average for all students at that university
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started