Question

6. It is claimed that the mean annual starting salary at a company is greater than...

6. It is claimed that the mean annual starting salary at a company is greater than $35,000. The mean salary from
a sample of 50 employees is $35,500. Assuming that the population is normally distributed and has a standard
deviation is $1,500, test the claim at the .10 significance level (α=.10) using the p-value method.

Homework Answers

Answer #1

this is the right tailed test .  

The null and alternative hypothesis is ,

H0 :   = 35000

Ha : > 35000

Test statistic = z

= ( - ) / / n

= (35500-35000) / 1500/ 50

=2.36

P(z > 2.36) = 1 - P(z <2.36 ) = 1-0.9909=0.0091 using z table

P-value = 0.0091

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
It is claimed that the mean repair cost for two models of washing machines are the...
It is claimed that the mean repair cost for two models of washing machines are the same. The mean repair cost for a sample of 24 Model A machines is $212. The mean repair cost for a sample of 26 Model B machines is $221. Both populations are normally distributed. The population standard deviation of the Model A machines is $18 and the population standard deviation of the Model B machines is $22. Test the claim at the .05 significance...
Starting Salary Problem In 2013, the mean starting salary for college graduates who major in Social...
Starting Salary Problem In 2013, the mean starting salary for college graduates who major in Social Work was $45,000. An analyst for a job searching company claims that the mean starting salary has since decreased. In a random sample of 38 job posting for social workers, the mean starting salary was $43,200 with a standard deviation of $9,340. Test the claim using a significance level of 0.10. Determine the p-value. Round your answer to 4 decimal places.
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 10 years. A survey of 120 companies reported in The Wall Street Journal found a sample mean tenure of 9.3 years for CEOs with a standard deviation of s = 5.3 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally distributed....
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 10 years. A survey of 64 companies reported in The Wall Street Journal found a sample mean tenure of 9.4 years for CEOs with a standard deviation of s = s= 5.1 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 11 years. A survey of 85 companies reported in The Wall Street Journal found a sample mean tenure of 10.3 years for CEOs with a standard deviation of s = 5 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally distributed....
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 9 years. A survey of 89 companies reported in The Wall Street Journal found a sample mean tenure of 8.2 years for CEOs with a standard deviation of s = s = 4.1 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 8 years. A survey of 117 companies reported in The Wall Street Journal found a sample mean tenure of 7.2 years for CEOs with a standard deviation of s = s = 5.7 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 11 years. A survey of 78 companies reported in The Wall Street Journal found a sample mean tenure of 9.6 years for CEOs with a standard deviation of s=s= 5.1 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally distributed. You...
Question 7. A shareholders' group is lodging a protest against your company. The shareholders group claimed...
Question 7. A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 11 years. A survey of 106 companies reported in The Wall Street Journal found a sample mean tenure of 9.9 years for CEOs with a standard deviation of s= 18.9 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the...
A shareholders' group is lodging a protest against your company. The shareholders group claimed that the mean tenure for a chief exective office (CEO) was at least 8 years. A survey of 123 companies reported in The Wall Street Journal found a sample mean tenure of 6.9 years for CEOs with a standard deviation of s=s= 4.9 years (The Wall Street Journal, January 2, 2007). You don't know the population standard deviation but can assume it is normally distributed. You...