(Solved) Zappos is an online retailer based in Nevada and employs 1,300 employees. One of their competitors, ...

Zappos is an online retailer based in Nevada and employs 1,300 employees. One of their competitors, Amazon.com, would like to test the hypothesis that the average age of a Zappos employee is less than 36 years old. A random sample of 22 Zappos employees was found to have an average age of 33.9 years. The standard deviation for this sample was 4.1 years. Amazon would like to set α = 0.025. Which one of the following statements is true?

▸ Because the p-value is greater than α, we reject the null hypothesis and cannot conclude that the average age of Zappos employees is less than 36 years old.

▸ Because the p-value is greater than α, we fail to reject the null hypothesis and cannot conclude that the average age of Zappos employees is less than 36 years old.

▸ Because the p-value is less than α, we fail to reject the null hypothesis and conclude that the average age of Zappos employees is less than 36 years old.

▸ Because the p-value is less than α, we reject the null hypothesis and conclude that the average age of Zappos employees is less than 36 years old.

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.

Zappos is an online retailer based in Nevada and employs 1,300 employees. One of their competitors, ...

Business Statistics

Related Topics