Starting Salary Problem In 2010, the mean starting salary for college graduates who major in Statistics was $56,000. An analyst for a job searching company claims that the mean starting salary has since increased. In a random sample of 46 job posting requiring knowledge of Statistics, the mean starting salary was $64,000 with a standard deviation of $8,520. Test the claim using a significance level of 0.10. State the claim, null, and alternative hypothesis. Claim: μ                $56,000 HO: μ                         $56,000 H1: μ              $56,000

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Starting Salary Problem
In 2010, the mean starting salary for college graduates who major in Statistics was $56,000. An analyst for a job searching company claims that the mean starting salary has since increased. In a random sample of 46 job posting requiring knowledge of Statistics, the mean starting salary was $64,000 with a standard deviation of $8,520. Test the claim using a significance level of 0.10.

State the claim, null, and alternative hypothesis.

Claim: μ                $56,000
HO: μ                         $56,000
H1: μ              $56,000
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