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Assume That a Simple Random Sample Has Been Selected from a Normally

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Assume that a simple random sample has been selected from a normally distributed population. Find the test statistic, PP -value, critical value(s), and state the final conclusion. Test the claim that for the adult population of one town, the mean annual salary is given by μ=$30,000\mu = \$ 30,000 . Sample data are summarized as n=17,xˉn = 17 , \bar { x } and s=s = $14,200\$ 14,200 . Use a significance level of α=0.05\alpha = 0.05 .


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