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short answer. write the word or phrase that best completes each stateme…

Question

short answer. write the word or phrase that best completes each statement or answers the question.
assume that a simple random sample has been selected from a normally distributed population. find the test statistic,
p - value, critical value(s), and state the final conclusion.

  1. test the claim that for the adult population of one town, the mean annual salary is given by \\( \mu = \\$ 30,000 \\). sample data are summarized as \\( n = 17, \overline { x } = \\$ 22,298 \\), and \\( s = \\$ 14,200 \\). use a significance level of \\( \alpha = 0.05 \\).

Explanation:

Step1: State the hypotheses

Let \(H_0:\mu = 30000\) (null hypothesis) and \(H_1:\mu
eq30000\) (alternative hypothesis).

Step2: Calculate the test statistic

The test statistic for a one - sample \(t\) - test is \(t=\frac{\bar{x}-\mu}{s/\sqrt{n}}\).
Substitute \(\bar{x} = 22298\), \(\mu = 30000\), \(s = 14200\), and \(n = 17\) into the formula:

$$t=\frac{22298 - 30000}{14200/\sqrt{17}}$$
$$t=\frac{- 7702}{14200/4.123}$$
$$t=\frac{-7702}{3444.1}$$

\(t\approx - 2.24\)

Step3: Find the degrees of freedom

Degrees of freedom \(df=n - 1=17-1 = 16\)

Step4: Find the critical values

For a two - tailed test with \(\alpha = 0.05\) and \(df = 16\), the critical values are \(t_{\alpha/2,df}=t_{0.025,16}\)
From the \(t\) - distribution table, \(t_{0.025,16}=\pm 2.120\)

Step5: Find the P - value

Using a \(t\) - distribution calculator or software with \(t=-2.24\) and \(df = 16\), the two - tailed \(P\) - value is \(P\approx0.04\)

Step6: State the conclusion

Since \(|t|=2.24>2.120\) (critical value) and \(P = 0.04<0.05\) (significance level), we reject the null hypothesis \(H_0\)

Answer:

Test statistic \(t\approx - 2.24\), critical values \(t=\pm2.120\), \(P\) - value \(\approx0.04\). Conclusion: Reject the null hypothesis \(H_0\)