The mean gross annual incomes of certified tack welders are normally distributed with the mean of $50,000 and a standard deviation of $4,000. The ship building association wishes to find out whether their tack welders earn more or less than $50,000 annually. The alternate hypothesis is that the mean is not $50,000.
Given the following megastat printout, what conclusions can be made?
A) There is a 1.68% chance of getting these sample results if the annual income is actually $50,000.
B) Since the p-value is 7%, we reject the null hypothesis at a 5% level of significance.
C) Since the p-value is 9%, we have insufficient evidence to reject the null hypothesis at the 5% level of significance.
D) Since the p-value is 9%, we reject the null hypothesis at the 1% level of significance.
E) None of these statements are correct.

Question

The mean gross annual incomes of certified tack welders are normally distributed with the mean of $50,000 and a standard deviation of $4,000. The ship building association wishes to find out whether their tack welders earn more or less than $50,000 annually. The alternate hypothesis is that the mean is not $50,000.
Given the following megastat printout, what conclusions can be made? 
A) There is a 1.68% chance of getting these sample results if the annual income is actually $50,000. 
B) Since the p-value is 7%, we reject the null hypothesis at a 5% level of significance. 
C) Since the p-value is 9%, we have insufficient evidence to reject the null hypothesis at the 5% level of significance. 
D) Since the p-value is 9%, we reject the null hypothesis at the 1% level of significance. 
E) None of these statements are correct.

Quizplus · Accepted Answer

The Answer of The mean gross annual incomes of certified tack welders are normally distributed with the mean of $50,000 and a standard deviation of $4,000. The ship building association wishes to find out whether their tack welders earn more or less than $50,000 annually. The alternate hypothesis is that the mean is not $50,000.
Given the following megastat printout, what conclusions can be made? 
A) There is a 1.68% chance of getting these sample results if the annual income is actually $50,000. 
B) Since the p-value is 7%, we reject the null hypothesis at a 5% level of significance. 
C) Since the p-value is 9%, we have insufficient evidence to reject the null hypothesis at the 5% level of significance. 
D) Since the p-value is 9%, we reject the null hypothesis at the 1% level of significance. 
E) None of these statements are correct.

The Mean Gross Annual Incomes of Certified Tack Welders Are