Conduct a t-test at the .01 level. You are interested in the income of American adults. In your sample, there are 361 adults with a high school degree, with a mean $19,500 and a standard deviation $3,800. Test if the mean income of the high school degree holders is $20,000. Please state the hypothesis, critical value, the t- statistic (with one decimal digit), null hypothesis, and research hypothesis in the answer please
Conduct a t-test at the .01 level. You are interested in the income of American adults. In your sample, there are 361 adults with a high school degree, with a mean $19,500 and a standard deviation $3,800. Test if the mean income of the high school degree holders is $20,000. Please state the hypothesis, critical value, the t- statistic (with one decimal digit), null hypothesis, and research hypothesis in the answer please
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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Conduct a t-test at the .01 level. You are interested in the income of American adults. In your sample, there are 361 adults with a high school degree, with a
Please state the hypothesis, critical value, the t- statistic (with one decimal digit), null hypothesis, and research hypothesis in the answer please
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