Management claims that the mean income for all senior-level assembly-line workers in a large company equals $500
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430, 450, 450, 440, 460, 420, 430, 450, 440.
Conduct a significance test of whether the population mean income equals $500 per week against the alternative that it is less. Include all assumptions, the hypotheses, test statistic, P-value, and interpret the result in context.
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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