Mr. John is a central New Jersey real estate salesman. He claims that the median selling price

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Mr. John is a central New Jersey real estate salesman. He claims that the median selling price of houses in the area is about $ 100,000. To check this claim, you randomly select 10 houses that were recently sold in this area and record the following prices (in thousands of dollars).image text in transcribed

Using the sign test, determine whether the salesman’s claim is reasonable.

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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