The average salary in this city is $48,300. Is the average less for single people? 57 randomly selected single people who were surveyed had an average salary of $44,076 and a standard deviation of $16,460. What can be concluded at the αα = 0.05 level of significance? what numbers would i use for the number, pop mean and sample
The average salary in this city is $48,300. Is the average less for single people? 57 randomly selected single people who were surveyed had an average salary of $44,076 and a standard deviation of $16,460. What can be concluded at the αα = 0.05 level of significance?
what numbers would i use for the number, pop mean and sample
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p-Value Interpretation: If the mean salary of single people is equal to $ ["", "", "", ""] and if another study was done with a new randomly selected collection of 54 single people, then there is a ["", "", "", "", ""] percent chance that the average salary for this new sample would be less than $ ["", "", "", ""] .