Average starting salary. Refer to Exercise 6.22 (page 358). Use the information presented in the exercise to test that the average income of graduates from your institution is different from the national average (α = 0.01). Write a short paragraph summarizing your conclusions. Here is Exercise 6.22 Average starting salary. The National Association of Colleges and Employers (NACE) Spring Salary Survey shows that the current class of college graduates received anaverage starting-salary offer of $48,127.9 Your institution collected an SRS (n = 300) of its recent graduates and obtained a 95% confidence interval of ($46,382, $48,008). What can we conclude about the difference between the average starting salary of recent graduates at your institution and theoverall NACE average? Write a short summary.

Average starting salary. Refer to Exercise 6.22 (page 358). Use the information presented in the exercise to test that the average income of graduates from your institution is different from the national average (α = 0.01). Write a short paragraph summarizing your conclusions. Here is Exercise 6.22 Average starting salary. The National Association of Colleges and Employers (NACE) Spring Salary Survey shows that the current class of college graduates received anaverage starting-salary offer of $48,127.9 Your institution collected an SRS (n = 300) of its recent graduates and obtained a 95% confidence interval of ($46,382, $48,008). What can we conclude about the difference between the average starting salary of recent graduates at your institution and theoverall NACE average? Write a short summary.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.1: Measures Of Center

Problem 9PPS

See similar textbooks

Similar questions

If the value of Cronbach’s alpha is 0.07, it means ___________; a. Research instrument is not reliable b. Research instrument is internally consistent c. Data is reliable d. Data is internally consistent
A nationwide study of undergraduate students reported that the mean number of drinks consumed per week during the spring semester is 7.96. The mean number of drinks consumed per week at USC is 7.64 (s.d.=2.55, N=412 Health services is concerned that USC students are consuming significantly more alcohol per week than the national average. Using an alpha level of .05, Is there sufficient evidence to be concerned? Be sure to select the correct critical value for the alternative hypothesis, and then use this evidence to make your conclusion
A dietitian wishes to see if a person’s cholesterol level will be changed if the diet is supplemented by a certain mineral. Four subjects were pre-tested, and they took the mineral supplement for a 6-week period. The results are shown in the table. Is there sufficient evidence to conclude that the population mean of cholesterol levels has been changed after six weeks at α=0.2α=0.2? Assume that the differences are from an approximately normally distributed population. Subject Cholestrol Level (mg/dl) Cholestrol Level after 6 Weeks (mg/dl) dd ¯dd¯ (d−¯d)2(d-d¯)2 1 206 217 11 2 219 184 -35 3 202 204 2 4 213 205 -8 Total -30 a) Calculate the mean, the sum of the squared deviation from the mean, and the standard deviation of differences. Do not include the unit for each answer: ¯d=d¯= (do not round) ∑(d−¯d)2=∑(d-d¯)2= (do not round) sd=sd= (rounded to one decimal place) b) Perform the hypothesis test in the following steps: Step 1.…
The average drying time of a manufacturer’s paint is 20 minutes. Investigating the effectiveness of a modifica-tion in the chemical composition of her paint, the manu-facturer wants to test the null hypothesis μ = 20 minutes against a suitable alternative, where μ is the average dry-ing time of the modified paint. (a) What alternative hypothesis should the manufactureruse if she does not want to make the modification in thechemical composition of the paint unless it decreases thedrying time?(b) What alternative hypothesis should the manufactureruse if the new process is actually cheaper and she wants tomake the modification unless it increases the drying timeof the paint?
A survey of 90 recently delivered women on the rolls of a county welfare department revealed that 27 had a history of intrapartum or postpartum infection. Can we conclude that the population proportion with a history of intrapartum or postpartum infection is significantly less than or equal to 0.25? Let alpha = 0.05.
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 97 6 1.5 90 2 2 95 5 1.5 93 3.5 2.5 95 3 4.3 95 3.5 3.3 95 3.5 4.2 95 4 2.5 a. Use alpha= 0.01 to test the hypotheses Ho : Beta Sub1= Beta Sub2 =0 Ha : Beta Sub1 and/or Beta Sub2 is not equal to zero for the model y=Beta Sub 0+ Beta Sub1 Xsub1+Beta Sub2 Xsub2+E , where X1= television advertising ($1000s) X2+ newspaper advertising ($1000s) Compute the F test statistic (to 2 decimals). Use F table. What is the p-value? - Select your answer -less than .01between .01 and .025between .025 and .05between .05 and .10greater than .10Item 2 What is your conclusion? - Select your answer -The overall model is not significantThe overall model is significantItem 3 b. Use alpha =0.05 to…
Is there a difference between men and women when it comes to seeking preventative healthcare? At the alpha = 0.01 of significance, test the claim that the proportion of those who have had a wellness visit with their physician in the year is the same for men and womenLet represent the proportion of females who have had a wellness visit with physician in the past year and represent the proportion of males who have done the same. 1. Which would be correct hypotheses for this O H 0 :p P =p M ,H 1 ;p 1 >p M O H 0 :p F ne p M ,H 1 ;p F >p M H 0 :p l =p M ,H 1 ;p F <p M H 0 :p P =p M ,H 1 ;p F backslash p M O O In a random sample of 150 females , 129 have had a wellness visit with their physician in the past yearIn a random sample of 159 maleti, 109 have had a wellness visit with their physician in the past year. 2.Find the test statistic (2 decimal places) 3. Give the value (4 decimal places) only answer 2 and 3 please
Researchers interested in lead exposure due to car exhaust sampled the blood of 52 police officers subjected to constant inhalation of automobile exhaust fumes while working traffic enforcement in a primarily urban environment. The blood samples of these officers had an average lead concentration of 124.32 µg/l and an SD of 37.74 µg/l; a previous study of individuals from a nearby suburb, with no history of exposure, found an average blood level concentration of 35 µg/l. Write down the hypotheses that would be appropriate for testing if the police officers appear to have been exposed to a higher concentration of lead. Explicitly state and check all conditions necessary for inference on these data. Test the hypothesis that the downtown police officers have a higher lead exposure than the group in the previous study. Interpret your results in context. Based on your preceding result, without performing a calculation, would a 99% confidence interval for the average blood concentration…
1. What is the most important predictor in terms of contribution to the dependent variable? 2. Which of the following is not a significant predictor at 5%? 3. Which of the following is the best predictor?
A paper investigated the driving behavior of teenagers by observing their vehicles as they left a high school parking lot and then again at a site approximately 1 2 mile from the school. Assume that it is reasonable to regard the teen drivers in this study as representative of the population of teen drivers. Amount by Which Speed Limit Was Exceeded MaleDriver FemaleDriver 1.3 -0.1 1.3 0.4 0.9 1.1 2.1 0.7 0.7 1.1 1.3 1.2 3 0.1 1.3 0.9 0.6 0.5 2.1 0.5 (a) Use a .01 level of significance for any hypothesis tests. Data consistent with summary quantities appearing in the paper are given in the table. The measurements represent the difference between the observed vehicle speed and the posted speed limit (in miles per hour) for a sample of male teenage drivers and a sample of female teenage drivers. (Use μmales − μfemales.Round your test statistic to two decimal places. Round your degrees of freedom down to the nearest whole number. Round your p-value to…
A paper investigated the driving behavior of teenagers by observing their vehicles as they left a high school parking lot and then again at a site approximately 1 2 mile from the school. Assume that it is reasonable to regard the teen drivers in this study as representative of the population of teen drivers. Amount by Which Speed Limit Was Exceeded MaleDriver FemaleDriver 1.2 -0.1 1.4 0.4 0.9 1.1 2.1 0.7 0.7 1.1 1.3 1.2 3 0.1 1.3 0.9 0.6 0.5 2.1 0.5 (a) Use a .01 level of significance for any hypothesis tests. Data consistent with summary quantities appearing in the paper are given in the table. The measurements represent the difference between the observed vehicle speed and the posted speed limit (in miles per hour) for a sample of male teenage drivers and a sample of female teenage drivers. (Use μmales − μfemales.Round your test statistic to two decimal places. Round your degrees of freedom down to the nearest whole number. Round your p-value to…
andres asked if there is a relationship between the quality of sneakers worn by a sample of 20 volleyball players and their average number of point scored per game. he computed r= +.21 and immediately claimed he had evidence that better-quality sneakers are related to better performance (a) is his claim correct? why? (b) what are Ho and Ha? (c) with alpha=.05, what is rcrit ?