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For the Following Questions:
-In the Population, We'd Expect Weekly

Question 55

Essay

 Weekly salary  Weekly expenses 543486436410637523430486527477586361396597657321463492726414\begin{array}{|c|c|}\hline \text { Weekly salary } & \text { Weekly expenses } \\\hline 543 & 486 \\\hline 436 & 410 \\\hline 637 & 523 \\\hline 430 & 486 \\\hline 527 & 477 \\\hline 586 & 361 \\\hline 396 & 597 \\\hline 657 & 321 \\\hline 463 & 492 \\\hline 726 & 414 \\\hline\end{array} For the following questions:
-In the population, we'd expect Weekly Salary to have a mean of 621, but you want to know if your sample comes from a different population.
1)State the research question.
2)State the hypotheses.
3)State the critical value.
4)Provide the formal test of the hypothesis.
5)State the confidence interval.
6)Is an effect size calculation appropriate? How do you know? If yes, calculate both a standardized and unstandardized effect size.
7)State all appropriate conclusions.

Correct Answer:

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1) RQ: Does our sample come from a popul...

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