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A random sample of size 100 of the IRS taxable income data showed the average taxable...

A random sample of size 100 of the IRS taxable income data showed the average taxable income to be $20, 000 and with σ = $1, 000.

Design a decision rule to test the hypothesis that the average taxable income of the whole population is the same if a level of significance of 0.01 is used.

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