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II 8) The data accompanying this exercise show hourly wages (Wage in $ ) for 50 employees. An economist wants to test if the average

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II 8) The data accompanying this exercise show hourly wages (Wage in $ ) for 50 employees. An economist wants to test if the average hourly wage is less than $27. Assume that the population standard deviation is $8. b-2. Find the p-value. multiple choice 2 - 0.05p-value

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