The Data Bank is found in Appendix D, or on the World Wide Web by following links
Question:
The Data Bank is found in Appendix D, or on the World Wide Web by following links from www.mhhe.com/mathistatibluman Data Bank Values
This list explains the slicks go en for the cab:goats in the Data Bank.
1. ''Age" is given in years.
2. "Educational level" values are defined as follows:
0 = no high school degree
1 = high school graduate
2 = collage graduate
3 = graduate degree
3. ''Smoking status" values are defined as follows:
0 = does not smoke
1 = stokes less than one pack per day
2 = smokes one or more then one pack per day
4. "Exercise" values are defined as follows:
0 = none
1 = light
2 moderate
3 = heavy
5. ''Weight'' is given in pounds.
6. "Serum cholesterol" is given in milligram percent (mg%).
7. "Systolic pressure" is given in millimeters of mercury (mm Hg.)
8. "IQ'' Is given in standard IQ test score values.
9. ''Sodium" is given in milliequivalents per liter (mEq/1).
10. ''Gender'' is listed as made (M) or female (F).
11. ''Marital status'' values are defined as follows:
M = married
W = widowed
S = single
D = divorced
From the Data Bank, choose a sample and use the sign test to test one of the following hypotheses.
a. For serum cholesterol, test HO: median = 220 milligram percent (mg96).
b. For systolic pressure, test HO: median =120 millimeters of mercury (mm Hg).
c. For 10, test HO: median = 100.
d. For sodium level, test HO: median = 140 mEq/1.
The sign test
Single-Sample Sign Test
The simplest non-parametric test, the sign test for single samples, is used to test the value of a median for a specific sample. When using the sign test, the researcher hypothesizes the specific value for the median of a population; then he or she selects a sample of data and compares each value with the conjectured median. If the data value is above the conjectured median, it is assigned a plus sign. If it is below the conjectured median, it is assigned a minus sign. And if it is exactly the same as the conjectured median, it is assigned a 0. Then the numbers of plus and minus signs are compared. If the null hypothesis is true, the number of plus signs should be approximately equal to the number of minus signs. If the null hypothesis is not true, there will be a disproportionate number of plus or minus signs.
Test Value for tho Sign Tom The test value Is the smaller number of plus or mules signs.
For example, if there are 8 positive signs and 3 negative signs, the test value is 3. When the sample size is 25 or less, Table J in Appendix C is used to determine the critical value. For a specific a, if the test value is less than or equal to the critical value obtained from the table, the null hypothesis should be rejected. The values in Table J are obtained from the binomial distribution. The derivation is omitted here.
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk