For a specific year, the median price of natural gas was $10.86 per 1000 cubic feet. A
Question:
Perform these steps.
a. State the hypotheses and identify the claim.
b. Find the critical value(s).
c. Compute the test value.
d. Make the decision.
e. Summarize the results.
Use the traditional method of hypothesis testing unless otherwise specified.
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Step by Step Answer:
H 0 Median 1086 claim H 1 Median 1086 C V 196 z x 05 n 2 n ...View the full answer
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