(Solution Library) MacDonald 's tells the press that it pays summer Student hire an average salary of $10,000. A report test this statement by sampling 100 students


Question: MacDonald 's tells the press that it pays summer Student hire an average salary of $10,000. A report test this statement by sampling 100 students and finding they had an average salary of $9,800 with a sample standard deviation of $1,000. Test this assumption of $10,000 against the alternative that it isn’t $10,000 at 5% significance level. Also find the p-value.

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