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Course: STAT 100-101 (Wint x $100 termtest2.pdf X stattables_twopage-rotated x Stat 100 Unit 7 Notes.pdf X *Homework Help - Q&A from X 15 (15) WhatsApp

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Course: STAT 100-101 (Wint x $100 termtest2.pdf X stattables_twopage-rotated x Stat 100 Unit 7 Notes.pdf X *Homework Help - Q&A from X 15 (15) WhatsApp X + V X C a urcourses.uregina.ca/pluginfile.php/3031981/mod_resource/content/1/s100%20termtest2.pdf A E s100 termtest2.pdf 4 /4 100% + Question #4 (6 marks) An investment adviser advertises that their clients have, on average, earned at least $260 profit on each $1000 invested over the past five years. To test this claim, an independent researcher selects a random sample of 60 clients, and finds that the average earning for these clients is $214 per $1000. Assuming the population standard deviation for this data is $132, test the adviser's claim at a a=0.05 level of significance. Clearly show all steps, and write your final conclusion in a full sentence. 2 3

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