Question: t a Multiple Choice 18-025 Question Workspace Exhibit 18-3 It is believed that the median yearly income in a suburb of Atlanta is $70,000. A
t a Multiple Choice 18-025 Question Workspace Exhibit 18-3 It is believed that the median yearly income in a suburb of Atlanta is $70,000. A sample of 67 residents was taken. 38 had yearly incomes above $70,000, 26 had yearly incomes below $70,000, and 3 had yearly incomes equal to $70,000. The null hypothesis to be tested is H0: Median = $70,000. The test statistic has a value of _____. a. 1.5 b. 2.0 c. 1.0 d. 2.5
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