Business, 21.12.2019 02:31 xxxanitaxxx

Areport states that the mean yearly salary offer for students graduating with a degree in accounting is $48,744. suppose that a random sample of 50 accounting graduates at a large university who received job offers resulted in a mean offer of $49,870 and a standard deviation of $3100. do the sample data provide strong support for the claim that the mean salary offer for accounting graduates of this university is higher than the national average of $48,744? test the relevant hypotheses using α = 0.05.
(use a statistical computer package to calculate the p-value. round your test statistic to two decimal places and your p-value to three decimal places.)

t =
p-value =
state your conclusion.

reject h0. we do not have convincing evidence that the mean salary offer for accounting graduates of this university is higher than the national average of $48,744.
reject h0. we have convincing evidence that the mean salary offer for accounting graduates of this university is higher than the national average of $48,744.
do not reject h0. we do not have convincing evidence that the mean salary offer for accounting graduates of this university is higher than the national average of $48,744.
do not reject h0. we have convincing evidence that the mean salary offer for accounting graduates of this university is higher than the national average of $48,744.

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