Recent report from the american medical association


A recent report from the American Medical Association claims that for the first time in 10 years, the average salary of a psychiatrist has decreased. The average salary of psychiatrists had been $189,121 with a standard deviation of $26, 975. A random sample of 60 psychiatrists this year yielded an average salary of $179,072. What is the p-value?

A) 0.0001
B) 0.0006
C) 0.0020
D) 0.0042
E) 0.0207
F) none of these

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Basic Statistics: Recent report from the american medical association
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