Essay
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An insurance company employs agents on a commission basis.It claims that in their first year,agents will earn a mean commission of at least $42,000 and that the population standard deviation is no more than $6,800.A random sample of nine agents found,for commissions in the first year,
and
The population distribution can be assumed to be normal.
-What are the appropriate null and alternative hypotheses?
Correct Answer:

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H0 : μ ≥ 42...View Answer
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