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    Finding value of the sample test statistic

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    The dean of a nursing school claims that the average starting salary of its graduates is more than 60 (in $000's). It is known that the population standard deviation is 10 (in $000's). Sample data on the starting salaries of 64 randomly selected recent graduates yielded a mean of 62 (in $000s). What is the value of the sample test statistic?

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    Solution Preview

    Ho=average starting salary is equal to 60
    H1= average starting salary is more than 60

    Standard ...

    Solution Summary

    The solution depicts the methodology to calculate value of sample test statistic.