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Data provided by the National Association of College Employers indicated that the average starting salary for graduates with a Bachelors Degree in Accounting was $37,000

Data provided by the National Association of College Employers indicated that the average starting salary for graduates with a Bachelors Degree in Accounting was $37,000 in 2008. In June 2010 a sample of 48 graduating accounting majors provided a sample average starting salary of $38,100, with a sample standard deviation of $5200. Conduct a hypothesis test to determine if it can be assumed that accounting graduates in 2010 had higher average salaries than graduates in 2008, using = .05.

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