a. What is the probability that a randomly selected graduate of this community college
will have a starting salary of at least $30,400?
b. Individuals with starting salaries of less than $15,600 receive a low income tax break.
What percentage of the graduates will receive the tax break?
c. What are the minimum and the maximum starting salaries of the middle 95% of the
graduates?
d. If 303 of the recent graduates have salaries of at least $43,120, how many students
graduated this year from this community college?
The practice of concluding ‘œdo not reject H0‘ is preferred over ‘œaccept H0‘ when we
a. are conducting a one-tailed test
b. are testing the validity of a claim
c. have an insufficient sample size
d. have not controlled for the Type II error