Question

ESPN reports that the average income of an NFL players 1.5 million for the population standard...

ESPN reports that the average income of an NFL players 1.5 million for the population standard deviation of 200,000 if they randomly select 500 players and determine their average income of the sample of 1,458,000. which one is the test statistic

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Answer #1

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ESPN reports that the average income of an NFL players 1.5 million for the population standard deviation of 200,000 if they randomly select 500 players and determine their average income of the sample of 1,458,000. which one is the test statistic

= -4.6957

Z Test of Hypothesis for the Mean

Data

Null Hypothesis                       m=

1500000

Level of Significance

0.05

Population Standard Deviation

200000

Sample Size

500

Sample Mean

1458000

Intermediate Calculations

Standard Error of the Mean

8944.2719

Z Test Statistic

-4.6957

Two-Tail Test

Lower Critical Value

-1.9600

Upper Critical Value

1.9600

p-Value

0.0000

Reject the null hypothesis

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