Question
The mayor of a large city claims that the average net worth of families living in the city is K. shs 300,000. A random sample
The mayor of a large city claims that the average net worth of families living in the city is K. shs 300,000. A random sample of 100 families selected produces a mean wealth of kshs 288, 000 with a standard deviation of Kshs 80,000.Using 5% level of significance, can you conclude the mayors' claim is false?
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
538476230, 978-0538476232
