Suppose we want to test if the average take-home salary of employees working for a large multi-national company is greater than $4800. We collect a
Suppose we want to test if the average take-home salary of employees working for a large multi-national company is greater than $4800. We collect a random sample of 26 employees and realize that the sample mean and standard deviations are $4059 and $660, respectively. What is the test statistic (t-static) associated with this test
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