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In: Statistics and Probability

A life insurance salesperson claims the average worker in the city of Winnipeg has no more...

A life insurance salesperson claims the average worker in the city of Winnipeg has no more than $25,000 of personal life insurance. To test this claim, you randomly sample 100 workers in Winnipeg. You find that this sample of workers averages $26,250 of personal life insurance. The population standard deviation is $12,000.

Determine whether the test shows enough evidence to reject the null hypothesis posed by the salesperson. Assume α = 0.05.

The value of the test statistic is?

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orchestra answered 2 years ago
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