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Zappos is an online retailer based in Nevada and employs 1,300 employees. One of their competitors, Amazon.com, would like to test the hypothesis that the average age of a Zappos employee is less than 36 years old. A random sample of 22 Zappos employees was found to have an average age of 33.9 years. The standard deviation for this sample was 4.1 years. Amazon would like to set α = 0.025. The critical value for this hypothesis test would be ______.
Investor
refers to an individual or entity that allocates capital with the expectation of receiving financial returns.
Risk
The exposure to uncertainty or the potential for financial loss and variability in investment returns.
Probability
A measure of the likelihood of a certain event or outcome, typically expressed as a number between 0 and 1.
Disproportionately Large Weight
An undue or excessively large significance or importance given to a component or factor in a situation or calculation.
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