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One Sample Hypothesis Testing

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One Sample Hypothesis Testing Paper

Using ratio or interval numerical data from one of the data sets available through the "Data Sets" link on your page, develop one research question from which you will formulate a research hypothesis.
Prepare a 1,050-1,750-word paper describing the results of a hypothesis test of one population mean or population proportion. Be sure to include the following in your paper:

Formulate both a numerical and verbal hypothesis statement regarding your research issue.

Perform the five-step hypothesis test on data pertaining to your selection.

Describe the results of your test, and explain how the findings from this hypothesis testing can be used to answer your research question.

Be sure to include your raw data tables and the results of the computations of your Z-test or t-test in your paper, using both graphical and tabular methods of displaying data and results

I JUST NEED HELP ON
FORMULATE BOTH A NUMERICAL AND VERBAL HYPOTHESIS STATEMENT REGARDING YOUR RESEARCH ISSUE OUR RESEARCH ISSUE IS ON WAGES AND WAGE EARNERS DATA SET

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Solution Summary

Given a set of data in excel, this posting explains how we can use it to set up a one Sample Hypothesis Testing scenario.

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Hi,
I did a simple tabulation, and our median age is 36.5

Therefore, we will segment age into two groups:
Younger workers (aged 18-36.5)
Older workers (aged 36.5-64)

Just quickly, I will tabulate the average income for each of the groups:
Younger: 28,577.70$
Older: 33,089.22$
Overall average: ...

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