21. A local politician was interested in studying the opinion regarding the government's bailout bill for...

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21. A local politician was interested in studying the opinion regarding the government's bailout bill for easing the 2008 financial crisis on Wall Street. He surveyed sample of his constituents and got the following data. Use 5% significance. Income Level > $ 200,000 < $ 200,000 Favor 40 30 Oppose 30 40 A. He can reject the two null hypotheses that (a) less than 50% people with income level >$200,000 and, (b) less than 50% people with income level < $200,000 favor the bailout bill. B. He can reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) more than 50% people with income level < $200,000 favor the bailout bill. C. He can reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) less than 50% people with income level < $200,000 favor the bailout bill. D. He will fail to reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) 50% people in the whole population favor the bailout bill. 21. A local politician was interested in studying the opinion regarding the government's bailout bill for easing the 2008 financial crisis on Wall Street. He surveyed sample of his constituents and got the following data. Use 5% significance. Income Level > $ 200,000 < $ 200,000 Favor 40 30 Oppose 30 40 A. He can reject the two null hypotheses that (a) less than 50% people with income level >$200,000 and, (b) less than 50% people with income level < $200,000 favor the bailout bill. B. He can reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) more than 50% people with income level < $200,000 favor the bailout bill. C. He can reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) less than 50% people with income level < $200,000 favor the bailout bill. D. He will fail to reject the two null hypotheses that (a) more than 50% people with income level >$200,000 and, (b) 50% people in the whole population favor the bailout bill.