A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least nine years. A survey of companies reported in The Wall Street Journal found a sample mean tenure of x = 7.67 years for CEOs with a standard deviation of s = 6.38 years.
1)Assume that 85 companies were included in the sample. What is the p value for your hypothesis test? If required, round your answer to four decimal places.
Get Answers For Free
Most questions answered within 1 hours.