The average salary in this city is $46,800. Is the average less for single people? 46 randomly selected single people wh

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The average salary in this city is $46,800. Is the average lessfor single people? 46 randomly selected single people who weresurveyed had an average salary of $43,254 and a standard deviationof $13,020. What can be concluded at the α = 0.05 level ofsignificance? For this study, we should use Select an answer Thenull and alternative hypotheses would be: H 0 : ? Select an answerH 1 : ? Select an answer The test statistic ? = (please show youranswer to 3 decimal places.) The p-value = (Please show your answerto 4 decimal places.) The p-value is ? α Based on this, we shouldSelect an answer the null hypothesis. Thus, the final conclusion isthat ... The data suggest that the population mean is notsignificantly less than 46,800 at α = 0.05, so there isstatistically insignificant evidence to conclude that thepopulation mean salary for singles is less than 46,800. The datasuggest that the populaton mean is significantly less than 46,800at α = 0.05, so there is statistically
significant evidence to conclude that the population mean salaryfor singles is less than 46,800. The data suggest that the samplemean is not significantly less than 46,800 at α = 0.05, so there isstatistically insignificant evidence to conclude that the samplemean salary for singles is less than 43,254. Interpret the p-valuein the context of the study There is a 3.56556842% chance of a TypeI error. There is a 3.56556842% chance that the population meansalary for singles is less than $46,800. If the population meansalary for singles is $46,800 and if another 46 singles aresurveyed then there would be a 3.56556842% chance that the samplemean for these 46 singles surveyed would be less than $43,254. Ifthe population mean salary for singles is $46,800 and if another 46singles are surveyed then there would be a 3.56556842% chance thatthe population mean salary for singles would be less than $46,800.Interpret the level of significance in the context of the study.There is a 5% chance that the population mean salary for singles isless than $46,800. There is a 5% chance that you won the lottery,so you may not have to even have to worry about passing this class.If the population population mean salary for singles is less than$46,800 and if another 46 singles are surveyed then there would bea 5% chance that we would end up falsely concluding that thepopulation mean salary for singles is equal to $46,800. If thepopulation mean salary for singles is $46,800 and if another 46singles are surveyed then there would be a 5% chance that we wouldend up falsely concluding that the population mean salary forsingles is less than $46,800.