A reputed financial magazine has reported that the average s

A reputed financial magazine has reported that the average salary of accountants across the U.S. is $85,000. You are interested in testing this claim based on the current salary of 42 accountants in your accounting firm.

decide which of the following four methods is appropriate.

One sample t test

Paired samples t test

Independent samples t test

One-way analysis of variance (ANOVA)

Solution

Sol)

average salary of accountants across the U.S. is $85,000

and sample size is 42

Now we use one sample t test