If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000. The best alternative hypothesis is: A. μ ≤ 25,000. B. μ ≥ 25,000. C. μ = 25,000. D. μ > 25,000.
If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000. The best alternative hypothesis is: A. μ ≤ 25,000. B. μ ≥ 25,000. C. μ = 25,000. D. μ > 25,000.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 11PPS
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If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000. The best alternative hypothesis is:
A. μ ≤ 25,000.
B. μ ≥ 25,000.
C. μ = 25,000.
D. μ > 25,000.
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