Can the president conclude that there is difference

Reference no: EM13124136

A large university reports that the mean salary of parents of an entering class is $ 91,600. to see how this compares to his university, a president surveys 28 randomly selected families and finds that their average income is $88,500. if the standard deviation is $10,000, can the president conclude that there is difference? At a =0.10, is he correct? Answer the following:a) the hypotheses and the claim;b) the critical value(s; c) the test value;d) the decision you make;e) a summary of your results.

Reference no: EM13124136

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