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The mean gross annual incomes of certified tack welders are normally distributed with the mean of $50,000 and a standard deviation of $4,000. The ship building association wishes to find out whether their tack welders earn more or less than $50,000 annually. The alternate hypothesis is that the mean is not $50,000.
If the level of significance is 0.10, what is the decision rule?
Kilogram
The base unit of mass in the International System of Units (SI), equivalent to the mass of the International Prototype of the Kilogram.
Kilometer
A unit of measurement equal to 1,000 meters, commonly used to measure distances.
Scientific Measurement
The process of obtaining a quantitative description of the properties of an object or event using instruments that adhere to a standard unit.
Estimate
A calculation or judgment made about a quantity or value when exact figures are not available or necessary.
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