Consider the following competing hypotheses and sample data. H0: p = 0.50 HA: p 0.50 n
Question:
Consider the following competing hypotheses and sample data.
H0: p = 0.50
HA: p ≠ 0.50
n = 40 = 0.30
a. Calculate the value of the test statistic for the sign test.
b. Calculate the p-value.
c. At the 5% significance level, what is the conclusion? Explain.
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a b The corresponding p value c Since th...View the full answer
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Related Book For 
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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