Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The dean of a business school claims that the average starting salary of its graduates is more than 85 (in $000's). It is known that

The dean of a business school claims that the average starting salary of its graduates is more than 85 (in $000's). It is known that the population standard deviation is 10 (in $000's). Sample data on the starting salaries of 64 randomly selected recent graduates yielded a mean of 88 (in $000s). Which of the following sets of hypotheses is correct?

H0:> 85 and Ha:< 85

H0:= 85 and Ha:< 85

H0:= 85 and Ha: 85

H0:< 85 and Ha:> 85

H0:= 85 and Ha:> 85

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra

Authors: Jim Hefferon

1st Edition

978-0982406212, 0982406215

More Books

Students also viewed these Mathematics questions