The following data represent the salaries of 14 randomly selected baseball players in the 2010 season (data
Question:
The following data represent the salaries of 14 randomly selected baseball players in the 2010 season (data are in thousands of dollars, so 3250 means $3,250,000).
Test the hypothesis that the median salary is more than $1000 thousand ($1 million) at the a = 0.05 level of significance.
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2,800 19,000 3,125 400 1,440 445 890 3,400 1,625 5,050 3,250 2,470 1,320 550
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We record plus signs for values 800 thousand and minus signs for values 800 thousand a...View the full answer
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Related Book For
Statistics Informed Decisions Using Data
ISBN: 9780321757272
4th Edition
Authors: Michael Sullivan III
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