TABLE 10-2 A Researcher Randomly Sampled 30 Graduates of an MBA Program

question 68

Multiple Choice

TABLE 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 Table 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) H₁: μfₑmₐlₑs > μmₐlₑs
• B) H₁: μfₑmₐlₑs < μmₐlₑs
• C) H₁: μfₑmₐlₑs ≠ μmₐlₑs
• D) H₁: μfₑmₐlₑs = μmₐlₑs

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Definitions:

Profit Center

A segment or department within an organization that is directly responsible for generating profit, measured by its performance.

Selling Division

A segment of a company focused on the sales and distribution of products or services.

Opportunity Cost

The value of the best alternative that is forgone when a particular decision is made, representing the benefits that could have been received from that alternative.

Transfer Price

The price charged when one responsibility center within a company provides goods or services to another responsibility center in the same company.