Answered: A survey of CPAs across the United…

Name: A survey of CPAs across the United States found that he average net in
Uploaded: 2024-03-20T07:07:12.000Z
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Description: A survey of CPAs across the United States found that he average net income for sole proprietor CPAs is $75914. An accounting researcher wants to test this amount figure by taking a random sample of 100 with an average income of $76695 sole proprietor

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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A survey of CPAs across the United States found that he average net income for sole proprietor CPAs is $75914. An accounting researcher wants to test this amount figure by taking a random sample of 100 with an average income of $76695 sole proprietor accountants in the Unitedstates to determine whether the net income figure changed. Assume the population standard deviation of net incomes of sole proprietor CPAs is $12,530. Establish appropriate hypothesis and using appropriate test determine the relevance of the hypothesis followed by appropriate business decision.

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