This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Bureau of Labor Statistics reported that the average yearly income of dentists in the year 2009 ... (Read 122 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
on: Mar 25, 2023

The Bureau of Labor Statistics reported that the average yearly income of dentists in the year 2009 was $110,000.  A sample of 81 dentists, which was taken in 2010, showed an average yearly income of $120,000.  Assume the standard deviation of the population of dentists in 2010 is $36,000.

a.

We want to test to determine if there has been a significant increase in the average yearly income of dentists.  Provide the null and the alternative hypotheses.

b.

Compute the test statistic.

c.

Determine the p-value; and at 95% confidence, test the hypotheses.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmcolvin on Mar 25, 2023

psuniv

  • Full Member
  • ***
  • Posts: 152
Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


kmcolvin

  • Member
  • Posts: 140
Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Average Global Temperature during the Phanerozoic Average Global Temperature during the Phanerozoic
Examples of Impacts Associated with Different Amounts of Global Average Temperat Examples of Impacts Associated with Different Amounts of Global Average Temperat
Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library