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A retail chain is considering opening a new store in a suburban area. A market research firm has determined that the store location is acceptable
A retail chain is considering opening a new store in a suburban area. A market research firm has determined that the store location is acceptable only if the average household income in the surrounding area is at least $75,000 per year. The firm decides to test the following hypotheses: H0: 75,000 versus HA: < 75,000, stands for __________. Group of answer choices the median household income in the surrounding area the least household income in the surrounding area the mode household income in the surrounding area the mean household income in the surrounding area
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