The FleetFoot Shoe company claims that the average yearly salary of its workers is $29,800. The Union believes that the average is much less. A random sample of 57 employees shows their average salary to be $29,500 with a population standard deviation of $1200. Test the hypothesis using a 3% level of significance. Using the classical approach: (Step 4) Find the Z-value: -1.89 -1.90 -1.87 -1.88

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The FleetFoot Shoe company claims that the average yearly salary of its workers is $29,800. The
Union believes that the average is much less. A random sample of 57 employees shows their
average salary to be $29,500 with a population standard deviation of $1200. Test the hypothesis
using a 3% level of significance.
Using the classical approach:
(Step 4) Find the Z-value:
-1.89
-1.90
-1.87
-1.88
Transcribed Image Text:The FleetFoot Shoe company claims that the average yearly salary of its workers is $29,800. The Union believes that the average is much less. A random sample of 57 employees shows their average salary to be $29,500 with a population standard deviation of $1200. Test the hypothesis using a 3% level of significance. Using the classical approach: (Step 4) Find the Z-value: -1.89 -1.90 -1.87 -1.88
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