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5. A random sample of stipends of teaching assistants in economics is listed. Is there sufficient evidence at the 0.05 level of significance to conclude
5. A random sample of stipends of teaching assistants in economics is listed. Is there sufficient evidence at the 0.05 level of significance to conclude that the average stipend differs from $15,000? The stipends listed (in dollars) are for the academic year. Sow all steps of hypothesis testing. 14,000 18,000 12,000 14,356 13,185 13,419 14,000 11,981 17,604 12,283 16,338 15,0006. According to the Fiji Diabetes Association, 23.1% of Fijians aged 60 years or older had diabetes in 2017. A recent random sample of 200 Fijians aged 60 years or older showed that 52 of them have diabetes. Using a 5% significance level, perform a test of hypothesis to determine if the current percentage of Fijians aged 60 years or older who have diabetes is higher than that in 2017. Use the P-value method
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