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A study of recent graduates revealed that for a sample of ten accounting majors...

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A study of recent graduates revealed that for a sample of ten accounting majors the mean salary was $30,000 per year with a sample standard deviation of $2,000. A sample of eight general business majors revealed a mean salary of $29,000 per year with a standard deviation of $1,500. At the .05 significance level can we conclude accounting majors earn more?

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Solution Summary

Solution attaches a Word document to test the conclusions of this study at 0.5 % significance.

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