The hourly wages in a particular industry are normally distributed with mean $13.20 and

Chapter 10, Problem 10.18

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The hourly wages in a particular industry are normally distributed with mean $13.20 and standard deviation $2.50. A company in this industry employs 40 workers, paying them an average of $12.20 per hour. Can this company be accused of paying substandard wages? Use an = .01 level test.

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