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Elizabeth, the human resource manager of a start-up company, believes employee salaries are increasing at the company. She would like to test the claim that
Elizabeth, the human resource manager of a start-up company, believes employee salaries are increasing at the company. She would like to test the claim that the average salary at the start-up company is over 56 thousand dollars. Using the computed test statistic of 2.68 and the critical value of 1.65 , is there enough evidence for the human resource manager to reject the null hypothesis? Use the graph below to interpret the critical value. First select the appropriate test type (left-, right-, or two- tailed), then plot the points along the x-axis (for the critical value and test statistic), and use them to choose the appropriate interpretation
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