Mean salary of parents of an entering class


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 a difference?

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Basic Statistics: Mean salary of parents of an entering class
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