A Recent Report by the American Medical Association Stated the Average

Multiple Choice

A recent report by the American Medical Association stated the average annual salary of psychiatrists is $189,121 with a population standard deviation of $26,975. A group of hospital administrators randomly sampled 64 psychiatrists and found an average annual salary of $198,630. The group claims that the average annual salary is actually higher than what the American Medical Association reported. What is the P-value for this one-sided test?

A) 0.0024
B) 0.0035
C) 0.1328
D) 0.0237