Using the same data set and variables, statistics homework help

Jan 20th, 2016
HelloWorld
Category:
Accounting
Price: $10 USD

Question description

  1. Perform the hypothesis test.
    • see attachment scenario 
      • Original Claim: The average salary for all jobs in Minnesota is less than $65,000.
      • Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown.
    • Based on your selected topic, answer the following:
      1. Write the null and alternative hypothesis symbolically and identify which hypothesis is the claim.
      2. Is the test two-tailed, left-tailed, or right-tailed? Explain.
      3. Which test statistic will you use for your hypothesis test; z-test or t-test? Explain.
      4. What is the value of the test-statistic? What is the P-value?
      5. What is the critical value?
      6. What is your decision; reject the null or do not reject the null?
        1. Explain why you made your decision including the results for your p-value and the critical value.
      7. State the final conclusion in non-technical terms.
      8. Please show your work for the construction of the test-statistic and explain your process for finding the p-value and critical value. Be sure to use the Equation Editor to format your equations.

      9. This assignment should be formatted using APA guidelines and a minimum of 2 pages in length.

      10. PLEASE SEE ATTACHMENTS...scenario attachment will explain main force of the project. Assignment 3 is one of the assignment will need to use in this assignment...... ITS VERY IMPORTANT THAT YOU LOOK AT THE ATTACHMENTS.  


assignment_3.docx
scenario_project.zip

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