Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In order to test the claim that for the adult population of one town the mean annual salary is $30,000, a simple random sample of
In order to test the claim that for the adult population of one town the mean annual salary is $30,000, a simple random sample of size n = 17 is collected. Sample mean is found to be $22,298, and sample standard deviation is $14,200. Assume that all annual salaries are normally-distributed, and their population standard deviation is not known.
What is the value oftest statisticfor this hypothesis test?Round your answer to three decimal places.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started