Consider the following competing hypotheses and sample data. H0: p 0.50 HA: p > 0.50 n

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Consider the following competing hypotheses and sample data.

H0: p ≤ 0.50

HA: p > 0.50

n = 25 = 0.64

a. At the 1% significance level, what is the decision rule?

b. Calculate the value of the test statistic for the sign test.

c. What is the conclusion? Explain.

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Business Statistics Communicating With Numbers

ISBN: 9780078020551

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 10:03 AM

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Consider the following competing hypotheses and sample data. H0: p 0.50 HA: p > 0.50 n

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a With The decision rule is to reject if b c ...View the full answer

Business Statistics Communicating With Numbers

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