The average retirement age in America is 62 years old. Do small business owners retire at a younger average age? The dat

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answerhappygod
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The average retirement age in America is 62 years old. Do small business owners retire at a younger average age? The dat

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The average retirement age in America is 62 years old. Do smallbusiness owners retire at a younger average age? The data belowshows the results of a survey of small business owners who haverecently retired. Assume that the distribution of the population isnormal.
49, 59, 62, 61, 65, 49, 60, 68, 66, 62, 57
What can be concluded at the the αα = 0.01 level ofsignificance level of significance?
H0:H0: ? μ p Select ananswer ≠ = > <
H1:H1: ? μ p Select ananswer < = > ≠
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