Solution-You find that this sample of workers averages 26

You find that this sample of workers averages 26 650 of

Reference no: EM13580210

A life insurance salesperson claims the average worker in Hobart has no more than $25 000 of personal life insurance. To test this claim, you randomly sample 100 workers in Hobart. You find that this sample of workers averages $26 650 of personal life insurance. The population standard deviation is $12 000. Does the salesperson's claim appear valid? Use a level of significance of 5%.

Reference no: EM13580210

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You find that this sample of workers averages 26 650 of

Reference no: EM13580210

Reference no: EM13580210

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