Assume that a simple random sample has been selected from a normally distributed population. Find the test statistic, P-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 H = $30,000. Sample data are summarized as n=17, x= $22,298, and s= $14200. Use a significance level of a=0.05.

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Assume that a simple random sample has been selected from a normally distributed
population. Find the test statistic, P-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 u = $30,000. Sample data are summarized as n=17, x= $22,298, and s= $14200. Use a significance
level of a=0.05.
Transcribed Image Text:Assume that a simple random sample has been selected from a normally distributed population. Find the test statistic, P-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 u = $30,000. Sample data are summarized as n=17, x= $22,298, and s= $14200. Use a significance level of a=0.05.
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