The average salary in this city is $44,700. Is the average less for single people? 47 randomly selected single people who were surveyed had an average salary of $41,310 and a standard deviation of $12,120. What can be concluded at the = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: ? ◇ Select an answer ? ◇ Select an answer c. The test statistic? = (please show (Please show your answer your answer to 3 decimal places.) d. The p-value = to 4 decimal places.) e. The p-value is ? ✨ a f. Based on this, we should Select an answer the null hypothesis. g. Thus, the final conclusion is that ... The data suggest that the sample mean is not significantly less than 44,700 at a = 0.05, so there is statistically insignificant evidence to conclude that the sample mean salary for singles is less than 41,310. The data suggest that the populaton mean is significantly less than 44,700 at a = 0.05, so there is statistically significant evidence to conclude that the population mean salary for singles is less than 44,700. The data suggest that the population mean is not significantly less than 44,700 at a = 0.05, so there is statistically insignificant evidence to conclude that the population mean salary for singles is less than 44,700. h. Interpret the p-value in the context of the study. If the population mean salary for singles is $44,700 and if another 47 singles are surveyed then there would be a 3.06803449% chance that the sample mean for these 47 singles surveyed would be less than $41,310. If the population mean salary for singles is $44,700 and if another 47 singles are surveyed then there would be a 3.06803449% chance that the population mean salary for singles would be less than $44,700. There is a 3.06803449% chance of a Type I error. There is a 3.06803449% chance that the population mean salary for singles is less than $44,700. i. Interpret the level of significance in the context of the study. O There is a 5% chance that the population mean salary for singles is less than $44,700. If the population population mean salary for singles is less than $44,700 and if another 47 singles are surveyed then there would be a 5% chance that we would end up falsely concluding that the population mean salary for singles is equal to $44,700. There is a 5% chance that you won the lottery,

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The average salary in this city is $44,700. Is the average less
for single people? 47 randomly selected single people who
were surveyed had an average salary of $41,310 and a
standard deviation of $12,120. What can be concluded at
the = 0.05 level of significance?
a. For this study, we should use
Select an answer
b. The null and alternative hypotheses would be:
? ◇
Select an answer
? ◇ Select an answer
c. The test statistic?
=
(please show
(Please show your answer
your answer to 3 decimal places.)
d. The p-value =
to 4 decimal places.)
e. The p-value is ? ✨ a
f. Based on this, we should Select an answer the null
hypothesis.
g. Thus, the final conclusion is that ...
The data suggest that the sample mean is not
significantly less than 44,700 at a = 0.05, so
there is statistically insignificant evidence to
conclude that the sample mean salary for
singles is less than 41,310.
The data suggest that the populaton mean is
significantly less than 44,700 at a = 0.05, so
there is statistically significant evidence to
conclude that the population mean salary for
singles is less than 44,700.
The data suggest that the population mean is
not significantly less than 44,700 at a = 0.05,
so there is statistically insignificant evidence to
conclude that the population mean salary for
singles is less than 44,700.
h. Interpret the p-value in the context of the study.
If the population mean salary for singles is
$44,700 and if another 47 singles are surveyed
then there would be a 3.06803449% chance that
the sample mean for these 47 singles surveyed
would be less than $41,310.
If the population mean salary for singles is
$44,700 and if another 47 singles are surveyed
then there would be a 3.06803449% chance that
the population mean salary for singles would be
less than $44,700.
There is a 3.06803449% chance of a Type I
error.
There is a 3.06803449% chance that the
population mean salary for singles is less than
$44,700.
i. Interpret the level of significance in the context of
the study.
O There is a 5% chance that the population mean
salary for singles is less than $44,700.
If the population population mean salary for
singles is less than $44,700 and if another 47
singles are surveyed then there would be a 5%
chance that we would end up falsely concluding
that the population mean salary for singles is
equal to $44,700.
There is a 5% chance that you won the lottery,
Transcribed Image Text:The average salary in this city is $44,700. Is the average less for single people? 47 randomly selected single people who were surveyed had an average salary of $41,310 and a standard deviation of $12,120. What can be concluded at the = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: ? ◇ Select an answer ? ◇ Select an answer c. The test statistic? = (please show (Please show your answer your answer to 3 decimal places.) d. The p-value = to 4 decimal places.) e. The p-value is ? ✨ a f. Based on this, we should Select an answer the null hypothesis. g. Thus, the final conclusion is that ... The data suggest that the sample mean is not significantly less than 44,700 at a = 0.05, so there is statistically insignificant evidence to conclude that the sample mean salary for singles is less than 41,310. The data suggest that the populaton mean is significantly less than 44,700 at a = 0.05, so there is statistically significant evidence to conclude that the population mean salary for singles is less than 44,700. The data suggest that the population mean is not significantly less than 44,700 at a = 0.05, so there is statistically insignificant evidence to conclude that the population mean salary for singles is less than 44,700. h. Interpret the p-value in the context of the study. If the population mean salary for singles is $44,700 and if another 47 singles are surveyed then there would be a 3.06803449% chance that the sample mean for these 47 singles surveyed would be less than $41,310. If the population mean salary for singles is $44,700 and if another 47 singles are surveyed then there would be a 3.06803449% chance that the population mean salary for singles would be less than $44,700. There is a 3.06803449% chance of a Type I error. There is a 3.06803449% chance that the population mean salary for singles is less than $44,700. i. Interpret the level of significance in the context of the study. O There is a 5% chance that the population mean salary for singles is less than $44,700. If the population population mean salary for singles is less than $44,700 and if another 47 singles are surveyed then there would be a 5% chance that we would end up falsely concluding that the population mean salary for singles is equal to $44,700. There is a 5% chance that you won the lottery,
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