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7. Formulate hypotheses that can be used to determine whether the population mean annual administrator salary in Ohio is smaller than the national mean of
7. Formulate hypotheses that can be used to determine whether the population mean annual administrator salary in Ohio is smaller than the national mean of $95,000. Use the standard mathematical notation for stating the null and alternative hypotheses as well as an English description of each hypothesis. Test your hypotheses at alpha = 0.05 and state your conclusion using both the p-values and the test values. Ho: mu = 9500 Description: There is no difference between the two populations Ha: mu # 9500 Description: There is a difference between the two populations standard error What kind of hypotesis is this? One sample t-test critical t 2.0452296 test t p-value Conclusion: There is no sufficient evidence to conclude that there is difference between the two populations. 8. Assuming a normal distribution, compute the following probabilities, use Excel functions and standard mathematical notation. Notation Probability a) Probability that a single person drawn at random has a salary less than $90,000 p(x10,0000) c) Probability that a single person has a salary between $80,000 and $110,000 p(80,000
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