Question: Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants to test if the average hourly wage is less

Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants to test if the average hourly wage is less than $28. Assume that the population standard deviation is $7. Click here for the Excel Data File a. Select the null and the alternative hypotheses for the test. OHO : M = 28; HA: M * 28 O HO: M S 28; HA: ( > 28 OHO : M 2 28; HA: M

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