With a 95% confidence level do you agree

Reference no: EM13241637

Exploitron, Inc. conducts a random survey of 700 of their workers and finds that the average employee earns $31,782 per year, with a standard deviation of $622. The Census reports that the average American worker makes $30,059. The CEO of Exploitron claims that his company pays their workers more than average. With a 95% confidence level, do you agree?

Reference no: EM13241637

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With a 95% confidence level do you agree : Exploitron, Inc. conducts a random survey of 700 of their workers and finds that the average employee earns $31,782 per year, with a standard deviation of $622. The Census reports that the average American worker makes $30,059. The CEO of Exploitron ..

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