A university believes that the average retirement age among the faculty is now 70 instead of the

Question:

A university believes that the average retirement age among the faculty is now 70 instead of the historical value of 65. A sample of 85 faculty found that the average of their expected retirement age is 68.4 with a standard deviation of 3.6. Can the university conclude statistically that the mean retirement age now equals 70?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: