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NCAA Football Coach Salaries: A simple random sample of 40 salaries of NCAA football coaches in...

NCAA Football Coach Salaries: A simple random sample of 40 salaries of NCAA football coaches in NCAA has a mean of $459,953 and standard deviation of $39,000. Use a 0.05 significance level to test the claim that the mean salary of a football coach in NCAA is less than $480,000.

What is the null hypothesis? What is the alternative hypothesis?

What is the p-value and the test statistic?

Do we reject the null or fail to reject the null?

Write a conclusion.

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