Answered: Assume that in a certain district the…

Name: Assume that in a certain district the average monthly income of person
Uploaded: 2024-03-20T07:07:12.000Z
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Description: Assume that in a certain district the average monthly income of persons aged 20 to 40 is GHS1300.00 with a standard deviation of GHS100. A random sample of 64 persons aged 20 to 40 from village x of the same district has an average monthly income of

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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Assume that in a certain district the average monthly income of persons aged 20 to 40 is GHS1300.00 with a standard deviation of GHS100. A random sample of 64 persons aged 20 to 40 from village x of the same district has an average monthly income of GHS1320.00. Does the average monthly income of the dwellers of the village (aged 20 to 40) differ from that of the inhabitants of the district (aged 20 to 40) in general, at a 5% Level of significance?

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