Business Studies, asked by saurabhkansagara808, 2 months ago

According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in

1997 were $424.20. Suppose a labor researcher wants to test to determine whether this figure is still accurate

today. The researcher randomly selects 54 production workers from across the United States and obtains a

representative earnings statement for one week from each. The resulting sample average is $432.69.

Assuming a population standard deviation of $33.90, and a 5% level of significance, determine whether the

mean weekly earnings of a production worker have changed.​

Answers

Answered by TheBrilli
0

Answer:

According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in 1997 were $424.20. ... The researcher randomly selects 54 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $432.69.

Explanation:

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