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A labor economist believes the median income for the United States exceeds $45,000. A random sample...

A labor economist believes the median income for the United States exceeds $45,000. A random sample on n = 100 is taken and 74 observations on income exceed $45,000 while 26 are below $45,000. Use a Sign Test for large samples to test this hypothesis at the 0,05 level. Solve this by hand.

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