My research claim is that the population median salary forcollege engineering graduates exceeds 60,000.
(a) A random sample of 10 engineers gave the following salaries(in thousands): 61, 60, 62, 63, 61, 65, 59, 55, 90, and 70.
What are the two competing statistical hypotheses for an exactsign test?
How to compute the corresponding test statistic?
What is the value of the test statistic in this case?
(b) How to compute the point estimator for the populationmedian? Based on the data given in (a), what is the value of thepoint estimator for the population median?
(c) Based on the data given in (a), construct a 95% large
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