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A national business magazine reports that the mean age of retirement for women executives is 63.7. A women's rights orga
Posted: Tue Jul 05, 2022 9:20 am
by answerhappygod
- A National Business Magazine Reports That The Mean Age Of Retirement For Women Executives Is 63 7 A Women S Rights Orga 1 (11.66 KiB) Viewed 14 times
A national business magazine reports that the mean age of retirement for women executives is 63.7. A women's rights organization believes that this value does not accurately depict the current trend in retirement. To test this, the group polled a simple random sample of 93 recently retired women executives and found that they had a mean age of retirement of 63.0. Assuming the population standard deviation is 3.0 years, is there sufficient evidence to support the organizations belief at the 0.05 level of significance? Step 2 of 3: Compute the value of the test statistic. Round your answer to two decimal places.