A recruiter for the Super Teachers School Board advertised that the average teacher's salary in a certain competing district is less than what his district offers, $50,000. A random sample of 50 teachers from the competing district had a mean annual salary of $48,300. The population standard deviation is known to be $8,000. Use a 0.01 level of significance to test the recruiter's claim.
What is the p-value? Round to 4 decimal places!!