The mean gross annual incomes of certified tack welders are normally distributed with the mean of
$50,000 and a standard deviation of $4,000. The ship building association wishes to find out
Whether their tack welders earn more or less than $50,000 annually. The alternate hypothesis is
That the mean is not $50,000. When tested at the 99% level, these are the results found with
Megastat:
A) Since the p-value is 0.43 at this level of testing, there is insufficient evidence to say that the welders earn an income different from $50,000.
B) Since the p-value is 0.43 at this level of testing, there is sufficient evidence to say that the welders earn more than $50,000.
C) The p-value of 0.043 indicates that there is sufficient evidence to say that the welders earn more than $50,000.
Correct Answer:
Verified
Q118: It is claimed that in a bushel
Q119: i. If the critical values of the
Q120: A manufacturer claims that less than 1%
Q121: The Jamestown Steel Company manufactures and assembles
Q122: The Jamestown Steel Company manufactures and assembles
Q124: The Jamestown Steel Company manufactures and assembles
Q125: The Jamestown Steel Company manufactures and assembles
Q126: The Jamestown Steel Company manufactures and assembles
Q127: The mean length of a candy bar
Q128: Based on the Nielsen ratings, the local
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents