A Pawn Shop Claims to Sell Used Kindles for About

question 84

Multiple Choice

A pawn shop claims to sell used Kindles for about the same price as Amazon or eBay.Both online retailers sell used Kindles for around $150.Below are recent Kindle sales prices for the pawn shop. Which of the following are the competing hypotheses to determine if the median sale price is greater than $150?

• A) H₀:m ≤ 150;H_A:m > 150
• B) H₀:m ≥ 150;H_A:m < 150
• C) H₀:m ≠ 150;H_A:m = 150
• D) H₀:m = 150;H_A:m ≠ 150

---

Definitions:

Entity Mind-Set

An outlook where abilities are viewed as fixed and unchangeable traits, influencing motivation and approach to challenges.

Incremental Mind-Set

A belief that abilities can be developed through dedication and hard work, which fosters a love of learning and resilience.

Fixed Mind-Sets

Fixed mind-sets refer to the belief that one's abilities, intelligence, and talents are static traits that cannot significantly change.

Stable Attributions

The tendency to explain an individual's behavior as being due to consistent and enduring internal characteristics.