The Organisation for Economic Co-operation and Development (OECD) produces a Better Life Index based in part on
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The Organisation for Economic Co-operation and Development (OECD) produces a “Better Life Index” based in part on a survey of 1000 people in each member country. They found that the number of hours worked by Canadians was 1710 hours per year on average, whereas for the average OECD country it was 1765. Assume that the standard deviation for the Canadian sample was 486 hours. Would you say that, in Canada, people work less than 1765 hours per year? State your hypotheses and calculate a P-value. State conditions and assumptions clearly, and indicate whether they’re likely to be true.
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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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