Credit Card Charges In order to estimate the median amount of new credit card charges for the

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Credit Card Charges In order to estimate the median amount of new credit card charges for the previous month, a financial service accountant randomly selects 12 credit card accounts and records the amount of new charges for each account for the previous month. The amounts (in dollars) are listed below. At a 0.01, can the accountant conclude that the median amount of new credit card charges for the previous month was more than $300? (Adapted from Board of Governors of the Federal Reserve System) 346.71 382.59 255.03 202.17 309.80 265.88 299.41 270.38 296.54 318.46 245.92 309.47

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