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Average annual salary for a marketer

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Reference no: EM132581477

It is reported that the average annual salary of a marketer is RM79,500. A researcher wishes to test the claim that the annual salary is less than RM79,500. A random sample of 8 marketers is selected, and their annual salaries (in RM) are shown as follows:

82000 68000 70200 75600

83500 64300 78600 79000

Test the hypothesis at α = 0.10 that the average annual salary for a marketer is less than RM79,500.

Reference no: EM132581477

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