Kurtis is a statistician who claims that the population mean annual salary of an employee in Yarmouth is exactly $55,000. Gina, his colleague, believes this to be incorrect, and conjectures that the population mean annual salary of an employee in Yarmouth is greater than $55,000. To test the claim, Gina randomly selects 61 employees who work in Yarmouth and records their annual salary. Gina calculates the sample mean annual salary to be $56,500 per year with a sample standard deviation of $3,750. The test statistic t for a hypothesis test of H0:μ=55,000 versus Ha:μ>55,000 is t≈3.12. If p-value<0.005 and the level of significance is α=0.01, which of the following statements are accurate for this hypothesis test to evaluate the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000? Select all that apply:   Fail to reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.     Reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.     There is enough evidence at the α=0.01 level of significance to support the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000.     There is not enough evidence at the α=0.01 level of significance to suggest that the true population mean annual salary of an employee in Yarmouth is not equal to $55,000.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Kurtis is a statistician who claims that the population mean annual salary of an employee in Yarmouth is exactly $55,000. Gina, his colleague, believes this to be incorrect, and conjectures that the population mean annual salary of an employee in Yarmouth is greater than $55,000. To test the claim, Gina randomly selects 61 employees who work in Yarmouth and records their annual salary. Gina calculates the sample mean annual salary to be $56,500 per year with a sample standard deviation of $3,750. The test statistic t for a hypothesis test of H0:μ=55,000 versus Ha:μ>55,000 is t≈3.12. If p-value<0.005 and the level of significance is α=0.01, which of the following statements are accurate for this hypothesis test to evaluate the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000?

Select all that apply:

  •  

    Fail to reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.

  •  
  •  

    Reject the null hypothesis that the true population mean annual salary of an employee in Yarmouth is equal to $55,000.

  •  
  •  

    There is enough evidence at the α=0.01 level of significance to support the claim that the true population mean annual salary of an employee in Yarmouth is greater than $55,000.

  •  
  •  

    There is not enough evidence at the α=0.01 level of significance to suggest that the true population mean annual salary of an employee in Yarmouth is not equal to $55,000.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman