Question: What is the median pay change percentage for people each year? Null Hypothesis: The median pay change percent would be less than 5%. Alternative Hypothesis: The pay median pay change percent is greater then 5%. Can you fix my null and

Certainly! Here’s a refined version of your null and alternative hypotheses: - **Null Hypothesis (H0)**: The median pay change percentage is equal to 5% or less (H0: Median pay change ≤ 5%). - **Alternative Hypothesis (H1)**: The median pay change percentage is greater than 5% (H1: Median pay change > 5%). This formatting clarifies that you're testing whether the median pay change is strictly greater than 5%, while the null hypothesis states that it is 5% or lower.