It is believed that the median yearly income in a suburb of Atlanta is $70,000. A sample of 67 residents was taken. Thirty-eight had yearly incomes above $70,000, 26 had yearly incomes below $70,000, and 3 had yearly incomes equal to $70,000. The null hypothesis to be tested is Ho: Median = $70,000. The mean and the standard deviation (respectively) for this test about the median are O 32 & 16 O 33,5 & 16 O 32 & 4 33.5 & 4

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It is believed that the median yearly income in a suburb of Atlanta is $70,000. A sample of 67 residents was taken. Thirty-eight had yearly incomes above $70,000, 26 had yearly incomes below $70,000, and 3 had yearly incomes equal to $70,000. The null hypothesis to be tested is \( H_0: \text{Median} = \$70,000 \).

The mean and the standard deviation (respectively) for this test about the median are:

- \( \bigcirc \) 32 & 16
- \( \bigcirc \) 33.5 & 16
- \( \bigcirc \) 32 & 4
- \( \bigcirc \) 33.5 & 4
Transcribed Image Text:It is believed that the median yearly income in a suburb of Atlanta is $70,000. A sample of 67 residents was taken. Thirty-eight had yearly incomes above $70,000, 26 had yearly incomes below $70,000, and 3 had yearly incomes equal to $70,000. The null hypothesis to be tested is \( H_0: \text{Median} = \$70,000 \). The mean and the standard deviation (respectively) for this test about the median are: - \( \bigcirc \) 32 & 16 - \( \bigcirc \) 33.5 & 16 - \( \bigcirc \) 32 & 4 - \( \bigcirc \) 33.5 & 4
Sixteen people were given two types of cereal, Brand X and Brand Y. Two people preferred Brand X and thirteen people preferred Brand Y. We want to determine whether or not customers prefer one brand over the other. The null hypothesis that is being tested is 

- ○ \( H_0: p = 0.5 \)
- ○ \( H_0: \mu = 0.5 \)
- ○ \( H_0: \mu = 8 \)
- ○ \( H_0: p = 8 \)
Transcribed Image Text:Sixteen people were given two types of cereal, Brand X and Brand Y. Two people preferred Brand X and thirteen people preferred Brand Y. We want to determine whether or not customers prefer one brand over the other. The null hypothesis that is being tested is - ○ \( H_0: p = 0.5 \) - ○ \( H_0: \mu = 0.5 \) - ○ \( H_0: \mu = 8 \) - ○ \( H_0: p = 8 \)
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