Five Years Ago, the Average Starting Salary of a New

question 33

Multiple Choice

Five years ago, the average starting salary of a new college graduate with a major in marketing was $34,000. A random sample of 10 graduates from this year's graduating class of a local university yielded the following starting salaries in thousands of dollars: 38, 36, 25, 37, 35, 24, 38, 45, 39, 36. The local university wants to determine if the starting salaries have increased in the last five years. Assume that the population of starting salaries in marketing is not normally distributed. Which one of the following tests is appropriate for this problem?

• A) Wilcoxon signed ranks test
• B) Wilcoxon rank sum test
• C) sign test
• D) Kruskal-Wallis test
• E) Mann-Whitney test

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Definitions:

Document

A digital or physical file containing text, images, or other data.

Summary

A brief statement or account of the main points of something.

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A written message, typically less formal than a letter, distributed via email to convey information or directives within an organization.

Marketing Objectives

Specific goals set by a business or organization to guide its promotional and marketing efforts.