According to CNN business partner Careerbuilder, the average starting salary for accounting graduates in 2018 was at least $57,413. Suppose that the American Society for Certified Public Accountants planned to test this claim by randomly sampling 200 accountants who graduated in 2018. State the appropriate null and alternative hypotheses.

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Mathematics

Devon Soto

23 June, 07:32

According to CNN business partner Careerbuilder, the average starting salary for accounting graduates in 2018 was at least $57,413. Suppose that the American Society for Certified Public Accountants planned to test this claim by randomly sampling 200 accountants who graduated in 2018. State the appropriate null and alternative hypotheses.

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Bugsy · Answer 1

Null hypothesis: The American Society for Certified Public Accountants says the average starting salary of accountants who graduated in 2018 is $57,413

Alternate hypothesis: The American Society for Certified Public Accountants says the average starting salary of accountants who graduated in 2018 is less than or equal to $57,413

Step-by-step explanation:

A null hypothesis is a statement from a population parameter that is subject to testing. It is expressed with equality.

An alternate hypothesis is also a statement from the population parameter that negates the null hypothesis. It is expressed with inequality