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Samples of starting annual salaries for individuals entering the public accounting and financial planning professions follow. Annual salaries are shown in thousands of dollars. Public
Samples of starting annual salaries for individuals entering the public accounting and financial planning professions follow. Annual salaries are shown in thousands of dollars.
Public Accountant | Financial Planner |
---|---|
50.2 | 48.0 |
58.8 | 50.2 |
57.3 | 52.1 |
58.2 | 55.9 |
54.2 | 50.9 |
55.0 | 53.6 |
50.9 | 48.7 |
60.5 | 52.9 |
57.0 | 52.8 |
52.9 | 47.9 |
(a)
Find the value of the test statistic.
W=
Find thep-value. (Round your answer to four decimal places.)
p-value =
(b)What are the sample median annual salaries (in $) for the two professions?
Public Accountants sample median=$
Financial Planners sample median=$
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