According to the Bureau of Labor Statistics, the average hourly wage in the United States was $26.84

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According to the Bureau of Labor Statistics, the average hourly wage in the United States was $26.84 in April 2018. To confirm this wage, a random sample of 36 hourly workers was selected during the month. The average wage for this sample was $25.35. Assume the standard deviation of wages for the country is $4.50.

a. Are the results of this sample consistent with the claim made by the Bureau of Labor Statistics using a 95% confidence interval?

b. What is the margin of error for this sample?

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Business Statistics

ISBN: 9780134685267

3rd Edition

Authors: Robert A. Donnelly

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