The mean hourly wage of employees in goods-producing industries is currently $24. Suppose a sample of 25 employees from a manufacturing industry...

The mean hourly wage of employees in goods-producing industries is currently $24.57. Suppose a sample of 25 employees from a manufacturing industry showed a sample mean of $23.89 per hour. Assume the population standard deviation of $2.40 per hour. At a .05 significance level, can we conclude the mean hourly wage in the manufacturing industry differ from population mean in the good-producing industries? Show the six steps of hypothesis testing.