Suppose you know the population average wage in the manufacturing industry in the U.S. is $26.72 per hour. You take a survey 40 people that work in manufacturing in Spain to answer the following research question. Research Question: Is the population average manufacturing wage in Spain less than $26.72 per hour, the population average manufacturing wage in the U.S.? Y ou find a sample mean of $25.50 from your survey of workers in Spain. You know the population standard deviation for manufacturing wages in Spain is $2.60 per hour. Suppose you are using a significance level of 0.01 or 1% (α = 0.01). True or False: You will reject the null hypothesis and conclude that the true average manufacturing wage in Spain is less than the true average manufacturing wage in the U.S.
Suppose you know the population average wage in the manufacturing industry in the U.S. is $26.72 per hour. You take a survey 40 people that work in manufacturing in Spain to answer the following research question.
Research Question: Is the population average manufacturing wage in Spain less than $26.72 per hour, the population average manufacturing wage in the U.S.? Y
ou find a sample mean of $25.50 from your survey of workers in Spain. You know the population standard deviation for manufacturing wages in Spain is $2.60 per hour.
Suppose you are using a significance level of 0.01 or 1% (α = 0.01).
True or False: You will reject the null hypothesis and conclude that the true average manufacturing wage in Spain is less than the true average manufacturing wage in the U.S.
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 4 images
