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A Researcher Collects Data on the Distance Between College Students 25253030454555758511013517519581021702525303045455575851101351751958102170

question 24

Multiple Choice

A researcher collects data on the distance between college students' high schools and their colleges. He believes that the median distance is 200 miles. A random sample of 15 students yields the following data: 25253030454555758511013517519581021702525303045455575851101351751958102170
At =.05= .05 , should the researcher's hypothesis be accepted or rejected?
You may use the following abbreviated table of critical values (two tailed, =.05= .05 ) taken from Table J:
n111213141516171819202122232425 critical valuc 122333444555666\begin{array}{|l|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|}\hline \mathrm{n} & 11 & 12 & 13 & 14 & 15 & 16 & 17 & 18 & 19 & 20 & 21 & 22 & 23 & 24 & 25 \\\hline \text { critical valuc } & 1 & 2 & 2 & 3 & 3 & 3 & 4 & 4 & 4 & 5 & 5 & 5 & 6 & 6 & 6 \\\hline\end{array}


Definitions:

Price Level

An index reflecting the overall cost of commodities and services within an economy during a particular period.

Short-Run Aggregate Supply Curve

A curve that represents the relationship between the total production of goods and services and the price level for output in the short-run.

Price Level

A measure of the average prices of goods and services in the economy.

Economic Conditions

The state of a country or region in terms of production, employment, and prices, and how these factors influence economic activities.

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