In: Statistics and Probability
73 graduates who went on to work in Marketing have a mean salary of £48,286 with a standard deviation of £9,690, while the 202 graduates who went on to work in Finance have a mean salary of £61,130 with a standard deviation of £10,284. Assume you are advising students to take jobs in Marketing as opposed to Finance jobs upon graduation:
i. Set up the hypothesis to test in order to achieve your objective and explain why you selected it.
ii. Based on the data above, indicate whether your hypothesis is supported.