SOLUTION: employees at a construction and mining company claim that the mean salary of the company for mechanical engineers is less than that of its competitors at $95000. A random sample o
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Question 1180477: employees at a construction and mining company claim that the mean salary of the company for mechanical engineers is less than that of its competitors at $95000. A random sample of 30 for the company 's mechanical engineers has a mean salary of $85,000. Assume the population standard deviation is $6500 and the population is normally distributed. a=0.05. Find H0 and H1. is there enough evidence to reject the claim Answer by robertb(5830) (Show Source):
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Since , the conclusion is to accept the alternate hypothesis, or reject the null hypothesis,
and say that indeed the company's mean salary for mech. engineers is less than that of its competitors.