Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants to test if the average hourly wage is less than $29. Assume that the population standard deviation is $5. E Click here for the Excel Data File a. Select the null and the alternative hypotheses for the test. Hg: H = 29; Ha: µ + 29 O Hg: µ s 29; HA: µ > 29 O Hg: H 2 29; HA: H < 29 O b-1. Find the value of the test statistic. (Negative value should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.) 8 Answer is complete but not entirely correct. Test statistic -2.40 8 b-2. Find the p-value. p-value < 0.01 O O p-value 2 0.10 O 0.05 s p-value < 0.10 O 0.025 s p-value < 0.05 O 0.01 s p-value < 0.025

Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants to test if the average hourly wage is less than $29. Assume that the population standard deviation is $5. E Click here for the Excel Data File a. Select the null and the alternative hypotheses for the test. Hg: H = 29; Ha: µ + 29 O Hg: µ s 29; HA: µ > 29 O Hg: H 2 29; HA: H < 29 O b-1. Find the value of the test statistic. (Negative value should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.) 8 Answer is complete but not entirely correct. Test statistic -2.40 8 b-2. Find the p-value. p-value < 0.01 O O p-value 2 0.10 O 0.05 s p-value < 0.10 O 0.025 s p-value < 0.05 O 0.01 s p-value < 0.025

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Description: Access the hourly wage data on the below Excel Data File (Hourly Wage). An economist wants to test if the average hourly wage isless than $29. Assume that the population standard deviation is $5.Click here for the Excel Data Filea. Select the null a

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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