Question: Rework Exercise 16.18 using the signed- rank test based on Table X. In exercise The following are the amounts of money (in dollars) spent by
In exercise
The following are the amounts of money (in dollars) spent by 16 persons at an amusement park: 20.15, 19.85, 23.75, 18.63, 21.09, 25.63, 16.65, 19.27, 18.80, 21.45, 20.29, 19.51, 23.80, 20.00, 17.48, and 19.11. Assuming that this is a random sample from a symmetrical population and that the probability that a person will spend exactly $ 19.00 is extremely small, use the sign test at the 0.05 level of significance to test the null hypothesis that on the average a person spends $ 19.00 at the park against the alternative hypothesis that this figure is too low. Base the test on Table I.
Step by Step Solution
3.42 Rating (168 Votes )
There are 3 Steps involved in it
Reject if T T 010 36 Since T 1 28 3... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
583-M-S-N-S (1719).docx
120 KBs Word File
