Question
A university believes that the average retirement age among their faculty is now 70 instead of the historical value of 65. A sample of 85
A university believes that the average retirement age among their faculty is now 70 instead of the historical value of 65. A sample of 85 faculty found that the average of their expected retirement age is 68.4 with a standard deviation of 3.6. Is the university's belief valid?
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Stochastic Calculus And Applications
Authors: Samuel N Cohen, Robert J Elliott
2nd Edition
1493928678, 9781493928675
