Question

A local real estate agent claims that the median selling price of homes in a major midwestern city is more than $200,000. Suppose a random sample of 100 homes sold in the last six months is taken and 53 sold for over $200,000. State the null hypothesis to test the claim. Assume that the population of selling prices is not normally distributed.
A. H0: Md $200,000
B. H0: Md $200,000
C. H0: Md $200,000
D. H0: Md > $200,000

Answer

This answer is hidden. It contains 2 characters.