Starting engineers in the Philippines earned an average annual salary of P282,000. For that same year, a survey was conducted of 24 Filipino registered engineers to determine if the annual salary is lower than P282,000 for Filipino engineers. The sample average was P408,000 with a sample standard deviation of P274,342. Use α=0.1 in conducting a hypothesis test. What would be the value of the computed z-score? What would be the decision accept Ho or Reject Ho?
Starting engineers in the Philippines earned an average annual salary of P282,000. For that same year, a survey was conducted of 24 Filipino registered engineers to determine if the annual salary is lower than P282,000 for Filipino engineers. The sample average was P408,000 with a sample standard deviation of P274,342. Use α=0.1 in conducting a hypothesis test. What would be the value of the computed z-score? What would be the decision accept Ho or Reject Ho?
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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Starting engineers in the Philippines earned an average annual salary of P282,000. For that same year, a survey was conducted of 24 Filipino registered engineers to determine if the annual salary is lower than P282,000 for Filipino engineers. The sample average was P408,000 with a sample standard deviation of P274,342. Use α=0.1 in conducting a hypothesis test. What would be the value of the computed z-score? What would be the decision accept Ho or Reject Ho?
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