The financial aid office of a university asks a sample of graduates about their employment and earnings. They wanted to see if men make more, on...

The financial aid office of a university asks a sample of graduates about their employment and earnings. They wanted to see if men make more, on average.

The report says, "For academic year earnings, we found on average, men make significantly more money than females (P = 0.028)."

Identify the null hypothesis, the alternative hypothesis and interpret the P-value for the male and female earning report.