00:01
Hello students, here first test d test of significance for teachers union salary.
00:07
Therefore, the hypothesis null hypothesis is the mean salary for teachers is at most $45 ,000 per year that is new is less than equal to 45 ,000 and h1 is the mean salary for teachers is higher than $45 ,000 that is new is greater than 45 ,000.
00:23
Now here level of significance is 0 .01.
00:28
Now that define the test statistic here formula for the test statistic is z is equal to x bar minus new divided by sigma upon root n where here the x is a given in the question that is $46 ,000 new is the mean that is $45 ,000 and sigma is a standard deviation that is $4 ,000 and n is a sample size that is 100.
01:07
Here put the values in the given formula the z value is 3.
01:13
Now the find a critical value here critical value alpha is equal to 0 .01 that is z alpha is equal to 2 .33 at 1 % level of significance.
01:28
Now take the decision here z calculated value is greater than z alpha.
01:38
Therefore, we can say that we reject the null hypothesis at 1 % level of significance.
01:50
Therefore, her conclusion based on the sample data at 1 % level of significance.
01:59
Therefore, we can say that the mean salary for teacher is higher than $45 ,000 per year.
02:23
Now the second find the type 1 error type 1 error it occurs when we reject the true null hypothesis.
02:47
In this example, the type 1 error would be conclude that here the mean salary for teachers is higher than $45 ,000 per year when in reality the true mean salary is at most $45 ,000 per year...