Five years ago,the average starting salary of a new college graduate with a major in marketing was $34,000.A random sample of 10 graduates from this year's graduating class of a local university yielded the following starting salaries in thousands of dollars: 28,36,25,37,35,24,38,45,39,and 36.The local university wants to determine if the median starting salary for marketing graduates has increased in the last five years. State the alternative hypothesis.Assume that the population of starting salaries in marketing is not normally distributed. A)H₀: M_d 34,000 C)H₀: M_d $\neq$ 34,000 D)H₀: M_d = 34,000

Question

Five years ago,the average starting salary of a new college graduate with a major in marketing was $34,000.A random sample of 10 graduates from this year's graduating class of a local university yielded the following starting salaries in thousands of dollars: 28,36,25,37,35,24,38,45,39,and 36.The local university wants to determine if the median starting salary for marketing graduates has increased in the last five years. State the alternative hypothesis.Assume that the population of starting salaries in marketing is not normally distributed. A)H₀: M_d < 34,000 B)H₀: M_d > 34,000 C)H₀: M_d $\neq$ 34,000 D)H₀: M_d = 34,000

Quizplus · Accepted Answer

H₀: M_d $\le$ 34,000 or H₀: M_d = 34,000,H_A: M_d > 34,000

Five Years Ago,the Average Starting Salary of a New College ≠\neq=

Five Years Ago,the Average Starting Salary of a New College $\neq$