Question: Problem: Redo the Mediantest example problem worked out in my notes .You will change the problem to an alternativehypothesisof there being no significantdifference and change

Problem: Redo the Mediantest example problem worked out in my notes .You will change the problem to an alternativehypothesisof there being no significantdifference and change the level of significance to .01.

Problem: Redo the Mediantest example problem worked out in my notes .You

22 23 Step 1: Neyman- Pearson Critical Value Test 6 Steps: 24 25 Step 1: 26 :Median equals 236,000 27 H: Median [Pick one) 28 because it Is a left tail test (less than) 29 30 Problem: Redo the 31 Step 2: Level of significance & C.V. : Median test example 32 x value 1 Tail 2 Tail problem worked out in my 33 0.01 2.33 2.58 notes . You will change the 34 0.2 2.05 2.33 problem to an alternative 35 0.05 1.645 1.96 hypothesis of there being 36 0.1 1.28 1.645 no significant difference 37 and change the level of Step 3: Find C.V.s of step 2 from Normal distribution table significance to .01. 38 39 C.V. = -1.645 40 41 Step 4: Graph: Setup Area of Reject and ONR 42 43 44 45 46 R 47 DNR 49 50 C.V. = 1.645 51 52 Step 5: Calculate Z score 53 X-U -8 54 Z equals divided by -2.07 55 C 3.873 56 57 Z is requal to -2.0655911 Now compare with step C.V. -1.645 in step 4 58 59 Step 6: Choose to reject or Do not reject Ho 60 [Pick one); 61 Since |-2.0656 is to the left of -1.645 , we will: Reject 62 ONR 63 64 65 66 Now the P-value test (4 Steps) 67 Step 1: What is the probability of getting a Z-Score awnser ( -2.0656

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