Answer:
The p-value of the test is 0.0066 < 0.05, which means that there is sufficient evidence at the 0.05 significance level to conclude that the mean salary differs from $39,385
Step-by-step explanation:
The average salary for public school teachers for a specific year was reported to be $39,385. Test if the mean salary differs from $39,385
At the null hypothesis, we test if the mean is of $39,385, that is:
[tex]H_0: \mu = 39385[/tex]
At the alternative hypothesis, we test if the mean differs from this, that is:
[tex]H_1: \mu \neq 39385[/tex]
The test statistic is:
[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]
In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.
39385 is tested at the null hypothesis:
This means that [tex]\mu = 39385[/tex]
A random sample of 50 public school teachers in a particular state had a mean of $41,680, and the population standard deviation is $5975.
This means that [tex]n = 50, X = 41680, \sigma = 5975[/tex]
Value of the test statistic:
[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]
[tex]z = \frac{41680 - 39385}{\frac{5975}{\sqrt{50}}}[/tex]
[tex]z = 2.72[/tex]
P-value of the test and decision:
The p-value of the test is the probability that the sample mean differs from 39385 by at least 2295, which is P(|Z| > 2.72), which is 2 multiplied by the p-value of Z = -2.72.
Looking at the z-table, Z = -2.72 has a p-value of 0.0033
2*0.0033 = 0.0066
The p-value of the test is 0.0066 < 0.05, which means that there is sufficient evidence at the 0.05 significance level to conclude that the mean salary differs from $39,385