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The Department of Education would like to test the hypothesis that the median debt load of graduating students with a Bachelor's degree is equal to
The Department of Education would like to test the hypothesis that the median debt load of graduating students with a Bachelor's degree is equal to $17,000. The accompanying table summarizes the debt load of a random sample of graduating students with a Bachelor's degree. Debt Load Number of Graduating Students Below $17,000 31 Equal to $17,000 Above $17,000 22 What is the p-value for this hypothesis test? Round to four decimal places. . . . O A. 0.2714 O B. 0.0733 O C. 0.0456 O D. 0.1357
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