A university believes that the average retirement age among the
faculty is now 70 instead of...
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Statistics
A university believes that the average retirement age among thefaculty is now 70 instead of the historical value of 65. A sampleof 35 faculty found that the average of their expected retirementage is 68.4 with a standard deviation of 3.6. Conduct theappropriate hypothesis test to determine if the mean retirement ageis not equal to 70.
Round your final answer to four decimal places. 0.0000
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SOLUTIONFrom given dataA universitybelieves that the average retirement age among the faculty is now70 instead of the historical value of 65 A
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