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4) In testing the claim about the mean annual income of full-time college students is below $15,000, a random sample of 40 students were selected. The sample mean is $14,450 and sample standard deviation is $2025. Based on an appropriate hypothesis test, what is the correct conclusion at 0.01 significance level? O a. Sample provides sufficient evidence to support the claim that the mean income is below $15,000. b. Sample does not provides

4) In testing the claim about the mean annual income of full-time college students is below $15,000, a random sample of 40 students were selected. The sample mean is $14,450 and sample standard deviation is $2025. Based on an appropriate hypothesis test, what is the correct conclusion at 0.01 significance level? O a. Sample provides sufficient evidence to support the claim that the mean income is below $15,000. b. Sample does not provides

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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4:39 * Question Completion Status: 4) In testing the claim about the mean annual income of full-time college students is below $15,000, a random sample of 40 students were selected. The sample mean is $14,450 and sample standard deviation is $2025. Based on an appropriate hypothesis test, what is the correct conclusion at 0.01 significance level? 4570% a. Sample provides sufficient evidence to support the claim that the mean income is below $15,000. b. Sample does not provides sufficient evidence to support the claim that the mean income is below $15,000. C. Sample provides sufficient evidence to conclude that that the mean income is at least $15,000. O d. Cannot make a conclusion based on given information Click Save and Submit to save and submit. Click Save All Answers to save all answers. ||| Save All Answers Save and Submit
Transcribed Image Text:4:39 * Question Completion Status: 4) In testing the claim about the mean annual income of full-time college students is below $15,000, a random sample of 40 students were selected. The sample mean is $14,450 and sample standard deviation is $2025. Based on an appropriate hypothesis test, what is the correct conclusion at 0.01 significance level? 4570% a. Sample provides sufficient evidence to support the claim that the mean income is below $15,000. b. Sample does not provides sufficient evidence to support the claim that the mean income is below $15,000. C. Sample provides sufficient evidence to conclude that that the mean income is at least $15,000. O d. Cannot make a conclusion based on given information Click Save and Submit to save and submit. Click Save All Answers to save all answers. ||| Save All Answers Save and Submit
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