TF.16 A random sample of size 50 is used to test the null hypothesis H0 : μ = 5.5 (the average monthly salary in thousands of dollars ($5,500) for new assistant professors)  against Ha : μ > 5.5. The sample mean is x̄ = 5.75, and the population standard deviation is σ = 0.85. Test H0 against Ha at α = 0.01 level of significance. Find the p-value.

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TF.16

A random sample of size 50 is used to test the null hypothesis H0 : μ = 5.5 (the average monthly salary in thousands of dollars ($5,500) for new assistant professors)  against Ha : μ > 5.5. The sample mean is x̄ = 5.75, and the population standard deviation is σ = 0.85. Test H0 against Ha at α = 0.01 level of significance. Find the p-value.

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