If an Economist Wishes to Determine Whether There Is Evidence

question 54

Multiple Choice

If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000.The best null hypothesis is:

• A)μ = 25,000.
• B)μ > 25,000.
• C)μ ≤ 25,000.
• D)μ ≥ 25,000.

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