Sample statistic assignment is related with sample features and population parameter is related with population characteristics.
Alternate hypothesis: There was a significant increase in average starting salary of graduates in 2010 from average starting salary in 2009 (right tailed test).
As per the investigation on statistics assignment, population parameter characterizes a population (Teja, and Reddy, 2018, p. 416-418).
The current statistics assignment identifies and evaluates the valid statistical techniques in a given scenario to solve business problems.
The charts required in this segment of statistics assignment are illustrated as follows.
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