A College Researcher Claims That the Median Hours Worked by Full

question 64

Multiple Choice

A college researcher claims that the median hours worked by full time students is at least 10 hours per week. In a random sample of 100 students, 65 worked more than 10 hours, 10 worked exactly 10 hours and the rest
Worked less than 10 hours. Find the critical value to test the researcherʹs claim. Use $$\alpha$$ = 0.05.

• A)-1.645
• B)-1.96
• C)-2.33
• D)-2.575

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Definitions:

Equipment

Tangible personal property used in operations, which may be considered a business asset and subject to depreciation for tax purposes.

Partnership Interest

An ownership stake in a partnership, representing a partner's share of the profits, losses, and capital.

Additional Contributions

Extra payments beyond the minimum required, often referring to retirement accounts or other savings plans.

Cash Distribution

The payment of earnings or assets from a corporation or a financial entity to its shareholders, investors, or partners.