According to the U.S. Department of Labor, the median salary for a chiropractor in the United States
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According to the U.S. Department of Labor, the median salary for a chiropractor in the United States is $81,500 per year. A group of recent graduates employed in the state of Colorado believe this amount is too low. In a random sample of 18 chiropractors who recently graduated, 13 began with a salary of more than $81,500. Is it reasonable to conclude that the starting salary in Colorado is more than $81,500?
a. State the null and alternate hypotheses.
b. State the decision rule. Use the .05 significance level.
c. Test the hypothesis and interpret the results.
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a The null hypothesis is that the median salary for recent chiropractor graduates ...View the full answer
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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