Question
a university believes that the average retirement age amoung the faculty is now 70 instead of the historical value of 65. a sample of 85
a university believes that the average retirement age amoung the 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. can the university conclude statistically that the mean retirement age now equals 70?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
978-1118147290
