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A random sample of 50 individuals provided the following data: Last year, the population mean balance was $26423. Formulate the hypothesis to test whether the

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A random sample of 50 individuals provided the following data: Last year, the population mean balance was $26423. Formulate the hypothesis to test whether the average savings account balance has increased this year compared to last year. H0:26423Ha:>26423H0:26423Ha:26423H0:>26423Ha:

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