Recently,Major League Baseball officials stated that the median cost for a family of four to attend a baseball game including,parking,tickets,food,and drinks did not exceed $125.00.The following sample data were collected:
Assuming that the test of the owners' claim is going to be conducted using an alpha = .05 level,the null hypothesis that the median cost does not exceed $125 should not be rejected.

Question

Recently,Major League Baseball officials stated that the median cost for a family of four to attend a baseball game including,parking,tickets,food,and drinks did not exceed $125.00.The following sample data were collected:
  Assuming that the test of the owners' claim is going to be conducted using an alpha = .05 level,the null hypothesis that the median cost does not exceed $125 should not be rejected.

Quizplus · Accepted Answer

The statement in the question suggests that the null hypothesis is that the median cost (which is not the same as the mean cost) does not exceed $125. The question also states that the test will be conducted at a significance level of alpha = .05. Therefore, if the p-value of the test is greater than .05, we would fail to reject the null hypothesis and conclude that there is not enough evidence to support the claim that the median cost exceeds $125. Without any information about the sample data or the results of the test, we cannot say for sure whether the null hypothesis should be rejected or not. However, based on the wording of the question, we could assume that the null hypothesis is not rejected, which would lead to the answer A.

Recently,Major League Baseball Officials Stated That the Median Cost for a Family