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Wall street securities firms paid out record year-end bonuses of $125,500 per employee for 2005 (fortune, february 6, 2006). suppose we would like to take a sample of employees at the jones & ryan securities firm to see whether the mean year-end bonus is different from the reported mean of $125,500 for the population. state the null and alternative hypotheses you would use to test whether the year-end bonuses paid by jones & ryan were different from the population mean.
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