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16 4 points The dean of a business school wants to determine whether the mean...

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16 4 points The dean of a business school wants to determine whether the mean starting salary of graduates of her school is greater than 50 000 She will perform a hypothesis test with the following null and alternate Hypotheses Ho 50 000 versus H 50 000 Decide if a Type I error Type Il error or a correct decision occurs in each case The true mean is 50 000 and the dean rejects Ho The true mean is 55 000 and the dean rejects Ho The true mean is 55 000 and the dean does not reject Ho

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