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The mean income per person in the U.S is $41,500 and the distribution of incomes follows a normal distribution. A random sample of 10 residents of Wilmington, Delaware had a mean of $47,500 with a standard deviation of $10,600. At the level 0.010 level of significance, is that enough evidence to conclude that residents of Wilmington, Delaware, have more income than the national average?
State the decision rule for 0.010 significance level. (Round your answer to 3 decimal places)
Compute the value of the test statistic. (Round your answer to 2 decimal places)
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