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A report from 2019 claims that the average salary of a retail worker is $15 per hour. You collect data from a random sample of 30 retail wor
Question
A report from 2019 claims that the average salary of a retail worker is $15 per hour. You collect data from a random sample of 30 retail workers in Atlanta and calculate the average salary for workers from your sample to be $16.00 with a standard deviation of $2.80. Conduct a hypothesis test to determine if the true average hourly wage of a retail worker is different than the claim of $15.
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Mathematics
4 years
2021-08-19T04:06:16+00:00
2021-08-19T04:06:16+00:00 1 Answers
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Answer:
Hypothesis test conclusion , average salary ≠ 15
Step-by-step explanation:
Null Hypothesis [H0] : Average Salary = 15
Alternate Hypothesis [H1] : Average Salary ≠ 15
t = (x bar – μ) ÷ (s / √[n])
Sample Mean [x bar] = 16 , Population Mean [μ] = 15 , Standard Deviation [s] = 2.80 , [Sample number] n = 30
t = (16 – 15) / (2.80 / 5.47)
t = 1 / 0.5
t = 2
As calculated value ie 2 > tabulated critical value ie 1.96 , at significance level 0.05. So, we reject the Null Hypothesis.
Hence, as per Alternate Hypothesis, average salary ≠ 15