a. For a continuous population, which measure of typical value is the sign test concerned with? b.

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a. For a continuous population, which measure of typical value is the sign test concerned with?
b. What probability distribution does this test rely on?
c. Suppose the population is discrete and an appreciable fraction of the population is equal to its median. How do the hypotheses for the sign test change as compared to the case of a continuous population?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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