Question: Sign test for potential insurance fraud. The differences in the repair estimates in Exercise 7.44 can also be analyzed using a sign test. Set up
Sign test for potential insurance fraud. The differences in the repair estimates in Exercise 7.44 can also be analyzed using a sign test. Set up the appropriate null and alternative hypotheses, carry out the test, and summarize the results.
How do these results compare with those that you obtained in Exercise 7.44?
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