The average weekly earnings of a production worker in 2000 were AUD426. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 57 production workers and obtains a representative earnings statement for one week from each. The resulting sample average is AUD432.9. Assuming a population standard deviation of AUD34.0, and a 5% level of significance, determine whether the mean weekly earnings of a production worker have changed. Determine the critical value zc and z score value z based on the sample data. The critical value zc = The z score value z based on the sample data =
The average weekly earnings of a production worker in 2000 were AUD426. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 57 production workers and obtains a representative earnings statement for one week from each. The resulting sample average is AUD432.9. Assuming a population standard deviation of AUD34.0, and a 5% level of significance, determine whether the mean weekly earnings of a production worker have changed. Determine the critical value zc and z score value z based on the sample data. The critical value zc = The z score value z based on the sample data =
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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Transcribed Image Text:The average weekly earnings of a production worker in 2000 were AUD426. Suppose a labor researcher wants to test to determine
whether this figure is still accurate today.
The researcher randomly selects 57 production workers and obtains a representative earnings statement for one week from each.
The resulting sample average is AUD432.9.
Assuming a population standard deviation of AUD34.0, and a 5% level of significance, determine whether the mean weekly
earnings of a production worker have changed.
Determine the critical value zc and z score value z based on the sample data.
The critical value zc =
The z score value z based on the sample data =
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