UCF is a major Metropolitan University located in Orlando Florida. UCF is advertising their bachelor in Economics with the statistic that the starting salary of a graduate with a bachelor in economics is $ 48,500 according to Payscale (2013-13). The Director of Institutional Research at UCF is interested in testing this information. She decides to conduct a survey of 50 randomly selected recent graduate economic students. The sample mean is $43,350 and the sample standard deviation is 15,000. Alpha = 0.01

The claim is rejected

Step-by-step explanation:

Claim: UCF is advertising their bachelor in Economics with the statistic that the starting salary of a graduate with a bachelor in economics is $ 48,500 according to Payscale (2013-13).

Null hypothesis:

Alternate hypothesis :

n = 50

Since n is more than 30 .

So we will use Z test

x=43350

Standard deviation = 15000

Refer the z table

p value = 0.00776

p value <

So, We are failed to accept null hypothesis

Hence The claim is rejected

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step-by-step explanation:

answer: 5

step-by-step explanation:

since, the range is the difference between the lowest and highest values of the given sample space.

and, here the sample space = { 3, 1, 0, 4, 1, 4, 2, 3, 0, 5, 0, 1, 1, 2, 0, 4, 1,4, 4 ,2 ,3 ,2 ,0 ,1 ,4 }

here, the highest value of the given sample = 5

and, the lowest value = 0

therefore, the range of the sample space = 5 - 0 = 5