1. Provide the null and alternative hypotheses.
2. Describe the two ways a correct decision could be made.
3. Describe what a Type I error would mean in the context of the problem.
4. Describe what a Type II error would mean in the context of the problem.

6. Salaries of Accounting Associate Professors. Salary.com reports that the mean salary for accounting associate professors in 2014 was $94,000. A hypothesis test was conducted to determine if the population mean salary of accounting associate professors has increased.