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Eight SmartCars were randomly selected and the highway mileage of each was noted. The highway mileage per gallon for each car is shown below:
It was desired to determine if the median miles per gallon of all SmartCars exceeded 35 miles per gallon. Identify the test statistic that should be used when conducting the Sign Test.
A)
B)
C)
D)
Quantity Term
A specific measure or amount of something, often used in business or commerce to indicate volume, number, or degree.
Remedy
A means of legal reparation or correction, often involving compensation or specific performance to address a wrong or enforce a right.
Corporate Stocks
Shares of ownership in a corporation, representing a claim on part of the company's assets and earnings.
Bonds
Fixed-income securities representing a loan made by an investor to a borrower, typically corporate or governmental, with predefined terms of repayment and interest.
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