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Workers employed in a large service industry have an
Chapter 7, Problem 45E(choose chapter or problem)
Problem 45E
Workers employed in a large service industry have an average wage of $7.00 per hour with a standard deviation of $.50. The industry has 64 workers of a certain ethnic group. These workers have an average wage of $6.90 per hour. Is it reasonable to assume that the wage rate of the ethnic group is equivalent to that of a random sample of workers from those employed in the service industry? [Hint: Calculate the probability of obtaining a sample mean less than or equal to $6.90 per hour.]
Questions & Answers
QUESTION:
Problem 45E
Workers employed in a large service industry have an average wage of $7.00 per hour with a standard deviation of $.50. The industry has 64 workers of a certain ethnic group. These workers have an average wage of $6.90 per hour. Is it reasonable to assume that the wage rate of the ethnic group is equivalent to that of a random sample of workers from those employed in the service industry? [Hint: Calculate the probability of obtaining a sample mean less than or equal to $6.90 per hour.]
ANSWER:
Step 1 of 4
Given: