RES 342 Week 2 Learning Team Assignment One Sample Hypothesis Testing Paper.

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One Sample Hypothesis 2

Sample Hypothesis Testing Paper

Baby boomers are reuniting with the education world. The economy had a major

downturn, which cost thousands of Americans to enter a non-working status quo. Many years

ago, it was not what an individual knew, to gain a position of employment; it was who the

individual knew to obtain a decent paying job. Education was not a major influence on obtaining

a position of employment, which would increase his or her income. Unfortunately,

unemployment is forcing organizations to seek a high qualifying staff with a higher education.

Employers are looking for individuals with higher education to grow with the company and

become an asset to the future of the company’s organization. This demand proves that education

has an influence on individuals’ wages. Individuals needing to make an income to prove for his

or her living accommodations, is in need of returning to college to further his or her education.

The preliminary data shows that most individuals making over $40,000 per year attended

school 12+ years, only a few of the individuals had fewer than seven years of education under his

or her belt. The study further shows that the work experience for the individuals who returned to

college were in a range from five to 44 years in age. In contrast, individuals who attend school

for fewer than 12 years are making less than $40,000 per year, whereas most individuals are not

making a large amount of money, his or her experience ranges from 19 years to 54 years.

Purpose of Research

In addition to education, several other factors contributing to individuals earning a higher

or lesser wage at the same positions. Those factors include race, age, ethnicity and work

experience. Individuals with long history of work experience will be an asset to the company and

will in turn make a larger wage than a person newly entering the industry. Our team will try to

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One Sample Hypothesis Testing Paper Sample Hypothesis Testing Paper Baby boomers are reuniting with the education world. The economy had a major downturn, which cost thousands of Americans to enter a non-working status quo. Many years ago, it was not what an individual knew, to gain a position of employment; it was who the individual knew to obtain a decent paying job. Education was not a major influence on obtaining a position of employment, which would increase his or her income. Unfortunately, unemployment is forcing organizations to seek a high qualifying staff with a higher education. Employers are looking for individuals with higher education to grow with the company and become an asset to the future of the company's organization. This demand proves that education has an influence on individuals' wages. Individuals needing to make an income to prove for his or her living accommodations, is in need of returning to college to further his or her education. The preliminary data shows that most individuals making over $40,000 per year attended school 12+ years, only a few of the individuals had fewer than seven years of education under his or her belt. The study further shows that the work experience for the individuals who returned to college were in a range from five to 44 years in age. In contrast, individuals who attend school for fewer than 12 years are making less than $40,000 per year, whereas most individuals are not making a large amount of money, ...
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