You would like to get the highest paying job possible after graduating from UCR and are currently deciding whether to enroll in ECON 108 in the spring term or not. You find a sample of recent UC graduates that majored in Economics (there are no double majors in the samples). You sampled 100 Economics majors that took ECON 108 and you find that the average starting salary is 72K dollars, with a sample standard deviation of 10K dollars. You sampled 75 Economics majors that c not take ECON 108 and you find that the average starting salary is 65K dollars, with a sample standard deviation of 15K dollars. You decide to test m1 = m2 at the 1% level of significance. Wh is the outcome of your test? (Hint: Don't convert values to 1,000s. For example, the difference between the sample means is 7, not 7,000.) Reject the null hypothesis O Fail to reject the null hypothesis

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A:

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