See Problem 15. A restaurant critic ranks restaurants as excellent, good, fair, or poor. We want to
Question:
See Problem 15. A restaurant critic ranks restaurants as excellent, good, fair, or poor. We want to judge whether two restaurant critics have the same distribution of opinions. The opinions of critic A regarding 15 randomly selected restaurants are presented together with the opinions of critic B regarding 15 randomly selected restaurants (the samples are independent).
Do the following to test the belief that the opinions of each critic are equivalent.
(a) Rank the opinions in ascending order (excellent first, then good, and so on).
(b) Perform a two-tailed test on the hypotheses
H0: the opinions given are equivalent
H1: the opinions given are different
by following Steps 1 through 5 (box-plots cannot be drawn).
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...
Step by Step Answer:
Statistics Informed Decisions Using Data
ISBN: 9780134133539
5th Edition
Authors: Michael Sullivan III