SCENARIO 10-2
a Researcher Randomly Sampled 30 Graduates of an MBA

question 165

Multiple Choice

SCENARIO 10-2
A researcher randomly sampled 30 graduates of an MBA program and recorded data concerning their starting salaries.Of primary interest to the researcher was the effect of gender on starting salaries.
The result of the pooled-variance t-test of the mean salaries of the females (Population 1) and males (Population 2) in the sample is given below.

-Referring to Scenario 10-2,the researcher was attempting to show statistically that the female MBA graduates have a significantly lower mean starting salary than the male MBA graduates.Which of the following is an appropriate alternative hypothesis?

• A)H 1 : \(\mu\) females \(\gt\)\(\mu\) males
• B)H 1 : \(\mu\) females \(\lt\) \(\mu\) males
• C)H 1 : \(\mu\) females \(\neq\)\(\mu\) males
• D)H 1 : \(\mu\) females =\(\mu\) males

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Definitions:

Cost of Goods Sold

The direct expenses linked to the creation of products sold by a business.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.

Inventory Increase

This refers to a situation where the quantity or value of inventory items held by a company grows from one accounting period to another.

Operating Activities

Business activities directly related to the production and delivery of goods and services, generating the primary revenue stream.