Average starting salary of the graduates


A survey claims that the college graduate from Smith College can expect average starting salary of $ 42,000. Fifteen Smith College graduates had average starting salary of $ 40,800 with standard deviation of $ 2250. At the 1 % level of significance, can we conclude that average starting salary of the graduates is significantly less that $42,000?

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Basic Statistics: Average starting salary of the graduates
Reference No:- TGS0862238

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