Question Description
Given a real-life application, develop a hypothesis test for a population parameter and its interpretation.
Instructions
Scenario (Information repeated for deliverable 01, 03, and 04)
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
- A listing of the jobs by title
- The salary (in dollars) for each job
In prior engagements, you have already explained to your client about the basic
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