Assuming a population standard deviation of $ 33.90, and a 5% level of significance, test the hypothesis that the mean weekly earnings of a production worker have changed.
Assuming a population standard deviation of $ 33.90, and a 5% level of significance, test the hypothesis that the mean weekly earnings of a production worker have changed.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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According to the U.S Bureau of labor statistics, the average weekly earnings of a production worker in 1997 were $ 424.20. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 54 production workers from across the united states and obtains a representative earnings statement for one week from each. The resulting sample average is $ 432.69. Assuming a population standard deviation of $ 33.90, and a 5% level of significance, test the hypothesis that the mean weekly earnings of a production worker have changed.
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