Question
In a discussion of the education level of the American workforce, a researcher says, The average young person can't even balance a checkbook. The National
In a discussion of the education level of the American workforce, a researcher says, "The average young person can't even balance a checkbook." The National Assessment of Educational Progress says that a score of 275 or higher on its quantitative test reflects the skill needed to balance a checkbook. The NAEP random sample of 840 young men had a mean score of 272.
Assume that = 60. Do you agree with the researcher's claim?
The hypotheses are: H0: =275H1: < 275
a.Find the sample mean x-bar ().
b.Findthe value of the one-sample ztest statistic.
c.Calculate the P-value
.d.What is your decision at = 0.05 level?
e.Is the result statistically significant at the = 0.05 level?
f.Is the result statistically significant at the = 0.01 level?
g.Do you agree with the researcher's claim? Explain your answer in 1 -2 sentences.
what are the steps to helping me achieve the answers as well as showing the work so I can teach myself or referring me to a video
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