(All Steps) Claim: The mean starting salary for college graduates who have passed a statistics course is $46,500. For a sample size of 15, the sample mean
Question: Claim: The mean starting salary for college graduates who have passed a statistics course is $46,500. For a sample size of 15, the sample mean is $45000 and the sample standard deviation is $9000. Test this claim at the 0.10 level.
- State the null and alternate hypothesis.
- List your distributional assumptions
- Calculate the test statistic.
- Justify your decision to reject or not.
- Write your conclusion in non-technical terms.
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