Solved: Discuss a p-value method to perform the hypothesis test, Basic Statistics

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Discuss a p-value method to perform the hypothesis test

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Q: The annual salaries of 16 randomly chosen actuaries are listed below. At a= 0.02 can you conclude the standard deviation of the annual salaries is greater than $20,000? Use the P-value method to perform the hypothesis test.

"69,264"
"64,696"
"40,288"
"52,648"
"92,784"
"53,072"
"44,272"
"103,400"
"46,952"
"47,640"
"99,688"
"97,296"
"40,968"
"101,992"
"112,248"
"92,328"

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Basic Statistics: Discuss a p-value method to perform the hypothesis test

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