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alve = 0.0246 Significance level, azo. 5. A university claims that the average starting salary for their graduates is $ 65,305. A high school senior that is selecting a college to attend thinks that number is smaller and randomly selects 45 graduates of the university and got an average starting salary to be $ 62,592 with a sample standard deviation s = 8,903. State the p-value and perform the test using the p-value approach with a level of significance of 1%. en