Calculatethe test statistic and corresponding p-value

Reference no: EM13338067

Can you helpme figure out the following aspect of the statistical model by
Specify the Null Hypothesis
Specify theAlternative Hypothesis
Set theSignificance Level (a)
Calculatethe Test Statistic and Corresponding P-Value
Drawing aConclusion from the info below:

It is necessary toaccurately test my null hypothesis is the mean salary ofteachers with Masters or Doctorate degrees with a great deal ofteaching experience are less or equal to the mean annual income ofteachers who have a Bachelors Degree and little experience. Thealternate hypothesis is the mean is that annual earnings ofteachers with Masters or Doctorate Degrees with a great deal ofexperience is greater than the mean income earnings of teacherswith a Bachelors Degree with littleexperience.

Since mynumerical hypothesis is actually narrowing down what the teacherearn annually. The mean for teacherswith a Bachelors Degree is $36,820 with an experience level of11-15 years. The mean for teachers with Masters Degree is 40,514with the experience level less than or greater to 11-15 years. Themean for teachers with a Doctorate Degree is $45,514 with theexperience level less than or greater to 11-15 years. From the datacollected we were able to find the mean and the median for teacherswho posses a certain degree level and experiencelevel.

Reference no: EM13338067

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