Exhibit 2 Model Mean Median Tri.Mean Std Dev S.E. Mean Нyundai 23 109 135 107.64 * 1.34 ** Тоyota 27 165 124 143.65 9.5 e) You are required to test at the 5% level of significance the hypothesis that...

Extracted text: Exhibit 2 Model Mean Median Tri.Mean Std Dev S.E. Mean Нyundai 23 109 135 107.64 * 1.34 ** Тоyota 27 165 124 143.65 9.5 e) You are required to test at the 5% level of significance the hypothesis that the average monthly earnings on Hyundai Vehicles is equal to $110,000 versus the alternative that it is different from $110,000. Complete the following: i. Give the null and alternative hypothesis of this test. ii. Determine the critical value(s) of this test. iii. Compute the value of the test statistic.