Assume the hourly wage rate for a fast-growing online job is normally distributed with a mean of=$24.70=$24.70. Suppose a random sample ofn=26n=26workers revealed a mean wage ofx=$24.04x=$24.04and a standard deviation ofs=$1.47s=$1.47.

At=0.05=0.05, is there enough evidence to conclude that the mean hourly wage is less than$24.70$24.70?

1. Select the appropriate alternative hypothesis,H1orHa:H1orHa:
   • $24.04$24.04
   • >$24.70>$24.70
   • <$24.70<$24.70
   • <$24.04<$24.04
   • $24.70$24.70
   • >$24.04>$24.04

1. At=0.05=0.05, select the critical value(s):Select an answer

1.708

none of these

- 1.708

2.06

- 2.06

2.06

1.708

1. The value of the test statistic(3 decimal places)=

1. At=0.05=0.05, select the decision/conclusion: Select an answer

- Fail to reject the null hypothesis.

- Reject the null hypothesis. Select an answer ______enough evidence to conclude that the mean hourly wage is less than$24.70$24.70.

- There is

- There is not