Suppose the Census Bureau has determined that on average college graduates with 10 years of experience earn $87,000 per year. You are interested in whether the average UNH graduate at that level of experience has a different average earnings. You sample 46 UNH grads and find i = $89,950 and s = $5500 State the appropriate null hypothesis: 1) Ho: ã = 0 2) Họ: x = $89,950 3) Ho: μ= 0 ) H: μ $87,000 2.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 31E
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Suppose the Census Bureau has determined that on average college
graduates with 10 years of experience earn $87,000 per year. You are
interested in whether the average UNH graduate at that level of
experience has a different average earnings. You sample 46 UNH grads
and find i = $89,950 and s = $5500
State the appropriate null hypothesis:
1) Ho: x = 0
2) Ho: x = $89,950
3) H9: μ 0
4) Hg: μ- $87,000
4
O 2
O 1
3.
Transcribed Image Text:Suppose the Census Bureau has determined that on average college graduates with 10 years of experience earn $87,000 per year. You are interested in whether the average UNH graduate at that level of experience has a different average earnings. You sample 46 UNH grads and find i = $89,950 and s = $5500 State the appropriate null hypothesis: 1) Ho: x = 0 2) Ho: x = $89,950 3) H9: μ 0 4) Hg: μ- $87,000 4 O 2 O 1 3.
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