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Do graduates of undergraduate business programs with different majors tend to earn disparate starting salaries? Below you will find output from an analysis for randomly selected graduates with majors in accounting (Acct) and marketing (Mktg).
-Assuming that the variances of the underlying populations are unequal, can you reject at a 5% significance level that the mean starting salaries for accounting and marketing majors are the same? Explain why or why not.
Weighted Average Cost
The total cost of goods available for sale divided by the number of goods available for sale, giving each item a weight proportional to its cost.
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