Examine the following Minitab output. Discuss the statistical test, its intent, and its outcome. Runs Test Runs
Question:
Examine the following Minitab output. Discuss the statistical test, its intent, and its outcome.
Runs Test
Runs above and below K = 1.4200
The observed number of runs = 28
The expected number of runs = 25.3600
21 Observations above K, 29 below
P-value = 0.439
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This is a Runs test for randomness n 1 21 n 2 29 Because of the si...View the full answer
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