Suppose you are evaluating a hypothesis test for the average wage. You have measure the following values for w and a 95% confidence interval under the null hypothesis for the mean of wages: • Sample mean of wages: 25,400 • Confidence interval lower bound: 24,852 • Confidence interval upper bound: 25,043 Notice that we have left the null hypothesis unstated here. • Would you reject the null hypothesis at the 95% confidence level? Write (1) if yes, and (0) if no.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Suppose you are evaluating a hypothesis test for the average wage.
You have measure the following values for w and a 95% confidence interval under
the null hypothesis for the mean of wages:
• Sample mean of wages: 25,400
• Confidence interval lower bound: 24,852
• Confidence interval upper bound: 25,043
Notice that we have left the null hypothesis unstated here.
• Would you reject the null hypothesis at the 95% confidence level? Write (1) if
yes, and (0) if no.
Transcribed Image Text:Suppose you are evaluating a hypothesis test for the average wage. You have measure the following values for w and a 95% confidence interval under the null hypothesis for the mean of wages: • Sample mean of wages: 25,400 • Confidence interval lower bound: 24,852 • Confidence interval upper bound: 25,043 Notice that we have left the null hypothesis unstated here. • Would you reject the null hypothesis at the 95% confidence level? Write (1) if yes, and (0) if no.
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