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A Pawn Shop Claims to Sell Used Kindles for About

Question 37

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. 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)  H<sub>0</sub>:m ≤ 150;H<sub>A</sub>:m > 150 B)  H<sub>0</sub>:m ≥ 150;H<sub>A</sub>:m < 150 C)  H<sub>0</sub>:m ≠ 150;H<sub>A</sub>:m = 150 D)  H<sub>0</sub>:m = 150;H<sub>A</sub>:m ≠ 150 Which of the following are the competing hypotheses to determine if the median sale price is greater than $150?


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

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