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Merrill edge is retail financial firm that provides investment advice to younger clients. The Jacksonville Office of Merrill edge has a customer base of 1,300.
Merrill edge is retail financial firm that provides investment advice to younger clients. The Jacksonville Office of Merrill edge has a customer base of 1,300. One of their competitors fisher investments would like to test the hypothesis that the average age of a Merrill edge client is less than 36 years old. A random sample of 22 Merrill edge clients found to have an average age of 33.9. The standard deviation for the sample was 4.1 years. Fisher would like to set a=0.025. Because the p value is greater than a we reject the null hypothesis and cannot conclude that the average age of Merrill edge clients is less than 36 years old Because the p value is greater than a, we fail to reject the null hypothesis and cannot conclude that the average age of Merrill edge clients is less than 36 years old. Because the p value is less than a we reject the null hypothesis and conclude that the average age of Merrill edge clients is less than 36 years old Because the p value is less than a we fail to reject the null hypothesis and conclude that the average age of Merrill edge clients is less than 36
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