Math Problem Statement

Is there a doctor in the house? A market research firm reported the mean annual earnings of all family practitioners in the United States was 

$178,258

. A random sample of 

55

 family practitioners in Los Angeles had mean earnings of 

x

=$191,790

 with a standard deviation of 

$42,627

. Do the data provide sufficient evidence to conclude that the mean salary for family practitioners in Los Angeles is greater than the national average? Use the 

=α0.01

 level of significance and the 

P

-value method with the TI-84 Plus calculator. Compute the value of the test statistic. Round the answer to two decimal places.

Solution

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Math Problem Analysis

Mathematical Concepts

Hypothesis Testing
One-sample t-test
Population Mean and Sample Mean

Formulas

t-test formula for a single mean

Theorems

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Suitable Grade Level

Advanced College Level