Median percentage of family income spent

Reference no: EM13965297

It is believed that a typical family spends 35% of its income on food and groceries. A sample of eight randomly selected families yielded the following data.

30 29 39 49 36 33 37 35

Test the hypothesis that the median percentage of family income spent for food and groceries is 35 against the alternative that it is less than 35. Use α = 0.05.

Reference no: EM13965297

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