Lauren is a marketing student who is working on an assignmen…

Lauren is a marketing student who is working on an assignment for a course where she is asked to make a presentation about the use of slogans in marketing. She prepares a presentation about Subway’s use of the slogan “Eat Fresh” to advertise the company’s use of fresh materials and explains in her presentation that there are risks with using this slogan. Specifically, she mentions that the “Eat Fresh” slogan implies that Subway uses fresh ingredients in all of its food offerings, and Subway might be liable for false advertising if it does not truly use fresh ingredients all the time. During the course of her presentation, she displays multiple Subway logos and says the words “eat fresh” several times. As a result of her presentation, several of Lauren’s classmates decide to stop buying food from Subway because they are now unsure whether Subway is actually providing food made solely from fresh ingredients. Subway has found out about Lauren’s presentation and is frustrated that she did not seek Subway’s permission before using their intellectual property rights to the Subway logo and slogan.   Would Subway be successful if it decides to sue Lauren for her violations of its intellectual property rights?

An online recruiting firm reports that the average annual st…

An online recruiting firm reports that the average annual starting salary for graduates with bachelor’s degrees in business in the United States was $60,000 in 2022. The results for a sample of 100 business majors receiving a bachelor’s degree who took jobs in Boston showed a mean starting salary of $62,000 with a sample standard deviation of $5,000 in 2022. Conduct a hypothesis test at 0.03 level of significance to determine whether the mean starting salary for business majors who took jobs in Boston is different from the mean starting salary nationwide in 2022. Which one of the following Excel functions can be used to compute the p-value?  For now, ignore the input values to the function and any adjustments to be made to the formula in this question. Just pick a formula from among the ones listed.

An online recruiting firm reports that the average annual st…

An online recruiting firm reports that the average annual starting salary for graduates with bachelor’s degrees in business in the United States was $60,000 in 2022. The results for a sample of 100 business majors receiving a bachelor’s degree who took jobs in Boston showed a mean starting salary of $62,000 with a sample standard deviation of $5,000 in 2022. Conduct a hypothesis test at 0.03 level of significance to determine whether the mean starting salary for business majors who took jobs in Boston is different from the mean starting salary nationwide in 2022. Given the problem description, what is the appropriate Hypothesis Test for this problem?

An online recruiting firm reports that the average annual st…

An online recruiting firm reports that the average annual starting salary for graduates with bachelor’s degrees in business in the United States was $60,000 in 2022. The results for a sample of 100 business majors receiving a bachelor’s degree who took jobs in Boston showed a mean starting salary of $62,000 with a sample standard deviation of $5,000 in 2022. Conduct a hypothesis test at 0.03 level of significance to determine whether the mean starting salary for business majors who took jobs in Boston is different from the mean starting salary nationwide in 2022. What is the appropriate Alternative Hypothesis (Ha) for this problem?