It was reported that the median interest rate on 30-year fixed mortgages in a certain large city
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Test the hypothesis that the median interest rate in this city is different from 7.75%, using (a) the sign test, and (b) the Wilcoxon signed rank test. Use α = 0.01. Compare the two results.
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Let We test vs at i Since there is a tie In this case and Then which is not less than Then is no...View the full answer
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Related Book For 
Mathematical Statistics With Applications In R
ISBN: 9780124171138
2nd Edition
Authors: Chris P. Tsokos, K.M. Ramachandran
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