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Showing posts with the label Z - Test Contd.

Z - Test Contd.

Z - Test Contd. Q1. Average hourly wage The  average  hourly wage of a sample of  150  workers in plant 'A' was Rs. 2·87  with a  standard deviation  of Rs.  1·08 . The  average  wage of a sample of  200  workers in plant 'B' was Rs.  2·56  with a standard deviation of Rs.  1·28 . (i) Calculate the Z-score for this scenario. (ii) Can an applicant safely assume that the hourly wages paid by plant 'A' are higher than those paid by plant 'B' at a 1% significance level? A.     1.0071, Hourly wages in plant 'A' are not higher than those in plant 'B'. B.     1.0071, Hourly wages in plant 'A' are higher than those in plant 'B'. C.     2.4532, Hourly wages in plant 'A' are not higher than those in plant 'B'. D.     2.4532, Hourly wages in plant 'A' are higher than those in plant 'B'. Correct Answer: 0.0071, Hourly wages in plant ‘A’ a...