A company has claimed that the standard deviation of the monthly incomes of their employees is less
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A company has claimed that the standard deviation of the monthly incomes of their employees is less than or equal to $120. To test their claim, a random sample of 15 employees of the company was taken; and it was determined that the standard deviation of their incomes was $135. At 95% confidence, what is(are) the critical value(s) of the test statistic?
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The critical value of the test is where then in the table of normal distribution you should ...View the full answer
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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