Question

The Business School at the University of Brexit has published information on its website about salaries...

The Business School at the University of Brexit has published information on its website about salaries earned by recent graduates of its Bachelor in Business Administration. According to that data, the 73 graduates who went on to work in Marketing have a mean salary of £48,286 with a standard deviation of £9,690, while the 202 graduates who went on to work in Finance have a mean salary of £61,130 with a standard deviation of £10,284.

Assume you are advising students to take jobs in Marketing as opposed to Finance jobs upon graduation:

i. Set up the hypothesis to test in order to achieve your objective and explain why you selected it.

ii. Based on the data above, indicate whether your hypothesis is supported.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A career counselor is interested in examining the salaries earned by graduate business school students at the end of the first year after graduation
A career counselor is interested in examining the salaries earned by graduate business school students at the end of the first year after graduation. In particular, the counselor is interested in seeing whether there is a difference between men and women graduates salaries. From random sample of 20 men, the mean salary is found to be 42 780 dollar with a sample standard deviation of 5 426 dollar. From a sample of 12 women, the mean salary is found to...
A large university is well known for both its business school and its mechanical engineering program....
A large university is well known for both its business school and its mechanical engineering program. The dean of career services wants to know if there is a difference in starting job salary between recently graduated business majors and mechanical engineering majors. Assume that the population standard deviation of the business majors' starting salaries is $12,000 and the population standard deviation of the mechanical engineering majors' starting salaries is $7,000, and that the starting salaries for both majors are normally...
In a sample of 18 students at East High School the following number of days of...
In a sample of 18 students at East High School the following number of days of absences were recorded for the previous semester: 4, 3, 1, 0, 4, 2, 3, 0, 1, 2, 3, 0, 4, 1, 1, 5, 1, 1. Manually compute the mean, median, and range of this sample. Show work. (Round values to one decimal place) 10) The following data represent the bachelor degrees of some CEO's who work in the NYC area. Degree Number Accounting 19...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT