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aemarmolejos aemarmolejos
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2 years ago
The Department of Labor would like to test the hypothesis that the average hourly wage for recent college graduates is less than $20. A random sample of 24 recent college graduates averaged $19.30 per hour with a standard deviation of $3.20 per hour. The Department of Labor would like to set α = 0.10. Use the critical value approach to test this hypothesis.
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
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sleinhisleinhi
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2 years ago
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Thanks
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You make an excellent tutor!
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