The ERS claims that the average net worth of chicken farmers in Kansas is at least $60,000. A random sample of 75 chicke
Posted: Tue Jul 05, 2022 9:20 am
The ERS claims that the average net worth of chicken farmers inKansas is at least $60,000. A random sample of 75 chicken farmershad a mean net worth of $46,000. Assume that the net worth of allchicken farmers have a normal distribution with the populationstandard deviation of $4,200. Using the 1.5% significance level,can you conclude that the ERS claim is false?