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2*What are Hoand Ha? OA Ho is median $275 and Ha, is medians ? $275OD. Ho is medians ? $275 and Ha, is median >

2*What are Hoand Ha? OA Ho is median $275 and Ha, is medians ? $275OD. Ho is medians ? $275 and Ha, is median > $275 (b) Determine the ortical value The critical value is________(Type an integer or decimal rounded to the nearest hundredh as needed) (c) Calculate test statistic The test statistic is_______ (Type an integer or decimal rounded to the nearest hundredh as needed) (d) Decide whether to reject or fail to roject the nul hypothesis O Reject the nul hypothesis. O Fal to reject the nul hypothesis. (e) Intorprat the decision in the context of the original daim At the 0.5% significanoe level_____________. a t enough evidence for the accountart to condude that the median amount of new credit card charges for the previous months was more than $275 (please answer all the question with the attachment below , thanks1* choose the correct answer What is a nonparametric test? How does a nonparametric test differ from a parametric test? What are the advantages and disadvantages of using a nonparametric test? What is a nonparametric test and how does a nonparametric test differ from a parametric test? O A. Anonparametric test is a hypothesis test that does not require any specific conditions concerning the shapes of populations or the values of population parameters, unlike parametric tests, which have such conditions. B. Anonparametric test is a hypothesis test that requires the population to be non-normally distributed, unlike parametric tests, which can take normally distributed populations. O C. Anonparametric test is a hypothesis test that does not require the population mean to be positive, unlike parametric tests, which require the population mean to be positive. O D. A nonparametric test is a hypothesis test that requires the population to be normally distributed, unlike parametric tests, which require other population shapes.

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es In order to estimate the median amount of new credit card charges for the previous month, a financial service accountant randomly selects 10 credit card accounts and records the amount of new charges for each account for the previous month. The amounts are listed below. At a = 0.01, the accountant wants to know whether he can conclude that the median amount of new credit card charges for the previous month was more than $275. Complete parts (a) through (e). $227.65 $294.07 $298.25 $261.27 $302.87 $295.17 $293.63 $345.27 $284.25 $265.18 (a) Write the claim mathematically and identify Ho and Ha. The claim is median > $275 median $275

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