Solution) The salaries of five employees at XYZ Brokerage are 30,000, 50,000, 60,000, 70,000, 90,000. The indu
Question: The salaries of five employees at XYZ Brokerage are 30,000, 50,000, 60,000, 70,000, 90,000. The industry salaries are normal, with a mean of $55,000 and standard deviation of $8,000. Can you conclude with a 5 percent level of significance that the salaries of workers in XYZ Brokerage are higher than that for the industry?
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Solution Format: Word Document![](/images/msword.png)
Solution Format: Word Document
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