00:01
For this problem, we are given a set of data regarding the median number of faculty on colleges and universities and are tasked with determining if the median is equal to 150.
00:13
So for part a, we have our null hypothesis, which is that the median is equal to 150.
00:21
This is our claim.
00:23
And for part, and for our alternate hypothesis, is that the median is not equal to 150.
00:31
Part b, we will find our critical value.
00:34
So since we are using a not equal sign in our alternative hypothesis, we will use a two -tailed test, meaning we have alpha of one half equal to 0 .025, which gives us a critical value of z equal to plus or minus 1 .96.
00:53
For part c, we will find our test value.
00:57
Since it's a two -tailed test, we use our normal equation for z, so z sub t equal to x minus 0 .5 minus 0 .5n divided by the square root of n, n over 2...