Identify the Null Hypothesis, Alternative Hypothesis, Test Statistic, P-Value, Conclusion

question 75

Essay

Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim
-In one town, monthly incomes for men with college degrees are found to have a standard deviation of $650. Use a 0.01 significance level to test the claim that for men without college degrees in that town, incomes have a higher standard deviation. A random sample of 22 men without college degrees resulted in incomes with a standard deviation of $923.

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Definitions:

Cultural Codes

The systems of symbols and meanings that guide the understanding and behavior within a culture.

Relative Deprivation

A relative measure of poverty based on the standard of living in a particular society.

Resource Mobilization

The process of securing new and additional resources for an organization or project.

Decline Phase

A stage in the life cycle of entities such as organizations or products characterized by a decrease in relevance or performance.