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Suppose it is known that the average salary of a medical doctor is 180,000 dollars nationwide. A sample of 20 medical doctors in the local
Suppose it is known that the average salary of a medical doctor is 180,000 dollars nationwide. A sample of 20 medical doctors in the local area have an average salary of 150,000 with the standard deviation of 8500 dollars. At the level of significance 0.10, can one conclude that the average salary of the doctors is different from the national average? Assume that the salary of medical doctors follows a normal distribution.
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