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The average salary for American college graduates is $42,600. You suspect that the average is more for graduates from your college. The 50 randomly selected

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The average salary for American college graduates is $42,600. You suspect that the average is more for graduates from your college. The 50 randomly selected graduates from your college had an average salary of $45,416 and a standard deviation of $9,580. What can be concluded at the o = 0.10 level of significance? a. For this study, we should use |Select an answer b. The null and alternative hypotheses would be: Ho: 2 v Select an answer V H1 : 7 v Select an answer c. The test statistic ? = (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? via f. Based on this, we should |Select an answer ] the null hypothesis. g. Thus, the final conclusion is that ... The data suggest that the population mean is not significantly greater than 42,600 at a = 0.10, so there is statistically insignificant evidence to conclude that the population mean salary for graduates from your college is greater than 42,600. The data suggest that the populaton mean is significantly greater than 42,600 at a = 0.10, so there is statistically significant evidence to conclude that the population mean salary for graduates from your college is greater than 42, 600. The data suggest that the sample mean is not significantly greater than 42,600 at a = 0.10, so there is statistically insignificant evidence to conclude that the sample mean salary for graduates from your college is greater than 45,416. h. Interpret the p-value in the context of the study. If the population mean salary for graduates from your college is $42,600 and if another 50 graduates from your college are surveyed then there would be a 2. 14461642% chance that the population mean salary for graduates from your college would be greater than $42,600. Olf the population mean salary for graduates from your college is $42,600 and if another 50 graduates from your college are surveyed then there would be a 2. 14461642% chance that the sample mean for these 50 graduates from your college surveyed would be greater than $45,416. There is a 2.14461642% chance that the population mean salary for graduates from your college is greater than $42,600 . There is a 2. 14461642% chance of a Type | error. i. Interpret the level of significance in the context of the study. There is a 10% chance that the population mean salary for graduates from your college is

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