Average starting salary. The National Association of

Chapter , Problem 6.22

(choose chapter or problem)

Average starting salary. The National Association of Colleges and Employers (NACE) Fall Salary Survey shows that the current class of college graduates received an average starting-salary offer of $44,259.10 Your institution collected an SRS 1n 400) of its recent graduates and obtained a 95% confidence interval of ($44,793, $47,157). What can we conclude about the difference between the average starting salary of recent graduates at your institution and the overall NACE average? Write a short summary.

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