Perform a test of hypothesis at 5% level of significance to help the labour union leader make an empirical based conclusion on the CEO's claim.
Perform a test of hypothesis at 5% level of significance to help the labour union leader make an empirical based conclusion on the CEO's claim.
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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
Transcribed Image Text:and performance tasks.
Perform the test of hypothesis on the following scenarios.
than Php 5,000.00 per day. The CEO of a large supermarket chain in the region is claiming
to be paying its contractual higher than the minimum daily wage rate of Php 500.00 1o
check on this claim, a labour union leader obtained a random sample of 144 contractuai
employees from this supermarket chain. The survey of their daily wage earnings resulted
to an average wage of Php 510.00 per day with standard deviation of Php 100.00. The daily
wage of the region is assumed to follow a distribution with unknown population variance.
Perform a test of hypothesis at 5% level of significance to help the labour union leader make
an empirical based conclusion on the CEO's claim.
General As a do the for works
1. The wage of the Capital Region are to be less
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