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    Exam 9: Introduction to Hypothesis Testing
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    If an Economist Wishes to Determine Whether There Is Evidence
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If an Economist Wishes to Determine Whether There Is Evidence

Question 54

Question 54

Multiple Choice

If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000.The best null hypothesis is:


A) μ = 25,000.
B) μ > 25,000.
C) μ ≤ 25,000.
D) μ ≥ 25,000.

Correct Answer:

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