Kurtis is a statistician who claims that the population mean annual salary of an employee in Yarmouth is exactly $55,000. Gina, his colleague, believes this to be incorrect, and conjectures that the population mean annual salary of an employee in Yarmouth is greater than $55,000. To test the claim, Gina randomly selects 61 employees who work in Yarmouth and records their annual salary. Gina calculates the sample mean annual salary to be $56,500 per year with a sample standard deviation of $3,750. The test statistic t for a hypothesis test of H0:μ=55,000 versus Ha:μ>55,000 is t≈3.12. If p-value<0.005 and the level of significance is α=0.01, which of the following statements are accurate for this hypothesis test to evaluate the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000? Select all that apply:   Fail to reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.     Reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.     There is enough evidence at the α=0.01 level of significance to support the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000.     There is not enough evidence at the α=0.01 level of significance to suggest that the true population mean annual salary of an employee in Yarmouth is not equal to $55,000.

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
icon
Related questions
Question

Kurtis is a statistician who claims that the population mean annual salary of an employee in Yarmouth is exactly $55,000. Gina, his colleague, believes this to be incorrect, and conjectures that the population mean annual salary of an employee in Yarmouth is greater than $55,000. To test the claim, Gina randomly selects 61 employees who work in Yarmouth and records their annual salary. Gina calculates the sample mean annual salary to be $56,500 per year with a sample standard deviation of $3,750. The test statistic t for a hypothesis test of H0:μ=55,000 versus Ha:μ>55,000 is t≈3.12. If p-value<0.005 and the level of significance is α=0.01, which of the following statements are accurate for this hypothesis test to evaluate the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000?

Select all that apply:

  •  

    Fail to reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.

  •  
  •  

    Reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.

  •  
  •  

    There is enough evidence at the α=0.01 level of significance to support the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000.

  •  
  •  

    There is not enough evidence at the α=0.01 level of significance to suggest that the true population mean annual salary of an employee in Yarmouth is not equal to $55,000.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL