A United Nations report shows the mean family income for Mexican migrants to the United States is $26,500 per year. A FLOC (Farm Labor Organizing Committee) evaluation of 24 Mexican family units reveals a mean to be $30,150 with a sample standard deviation of $10,560. . State the null hypothesis and the alternate hypothesis. HO: μ = H1: μ# ». State the decision rule for 0.01 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) Reject Ho if t is not between and

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A United Nations report shows the mean family income for Mexican migrants to the United States is $26,500 per year. A FLOC (Farm
Labor Organizing Committee) evaluation of 24 Mexican family units reveals a mean to be $30,150 with a sample standard deviation of
$10,560.
a. State the null hypothesis and the alternate hypothesis.
HO: μ =
H1: p
b. State the decision rule for 0.01 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to
3 decimal places.)
Reject Ho if t is not between
and
Transcribed Image Text:A United Nations report shows the mean family income for Mexican migrants to the United States is $26,500 per year. A FLOC (Farm Labor Organizing Committee) evaluation of 24 Mexican family units reveals a mean to be $30,150 with a sample standard deviation of $10,560. a. State the null hypothesis and the alternate hypothesis. HO: μ = H1: p b. State the decision rule for 0.01 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) Reject Ho if t is not between and
c. Compute the value of the test statistic. (Round your answer to 2 decimal places.)
Value of the test statistic
d. Does this information disagree with the United Nations report? Apply the 0.01 significance level.
HO. This data
the report.
Transcribed Image Text:c. Compute the value of the test statistic. (Round your answer to 2 decimal places.) Value of the test statistic d. Does this information disagree with the United Nations report? Apply the 0.01 significance level. HO. This data the report.
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