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Standard deviation of annual salaries of finance graduates

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Reference no: EM132131238

According to the National Association of Colleges and Employers, finance graduates make an average of (µ) $52,402 a year. The standard deviation of annual salaries of finance graduates is (σ) $7,000. A random sample of 100 accounting graduates show that the sample mean salary is $54,390.

If we were to increase the sample size (n) from 100 to 144, the z score will: stay the same, be zero, decrease or increase?

Reference no: EM132131238

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