In the past, the average age of employees of a large corporation has been 40 years. Recently,
Question:
1. State the null and the alternative hypotheses
2. Compute the test statistic
3. Using the critical value approach, test to determine whether or not the mean age of all employees is significantly more than 40 years.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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