In an attempt to compare the starting annual salaries for engineering and IT graduates, random sample of 50 graduates are collected.
Engineering:
Mean: 23348
Standard Deviation: 2375
IT:
Mean: 25554
Standard Deviation: 2225
Do the data provide sufficient evidence to indicate that IT graduates has higher starting salaries compared to engineering counterparts? Assume that they are independent, test hypothesis using alpha: 0.05
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