The average salary of a sample of 14 teachers in a school building with a Master Degree is $32,741 with a standard deviation of $5 800. A sample of 12 teachers in the same building without Master Degrees have an average salary of $27,839 with a standard deviation of $7400. At the 0.01 significance level, do teachers with Master Degrees have higher salaries?
a. State the null and alternate hypotheses.
Ho : H1:
d. Compute the p-value.
e. What is your decision regarding the null hypothesis?
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