The average hourly pay rate is 21 dollars, and the standard deviation is 2 dollars. You believe

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The average hourly pay rate is 21 dollars, and the standard deviation is 2 dollars. You believe that people in Surrey have a lower average hourly pay rate.

You measure the hourly pay rate in a sample of 256 people from Surrey, and you find that the average hourly pay rate in the sample is 20.5 dollars.

Should you reject the null hypothesis if= 0.05

Related Book For answer-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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Posted Date: May 13, 2024 08:27 AM

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The average hourly pay rate is 21 dollars, and the standard deviation is 2 dollars. You believe

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Accounting Principles

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