Question: Using the data of Exercise 14.8 and the 0.05 level, apply the sign test to compare the data with the claimed median. How do the

Using the data of Exercise 14.8 and the 0.05 level, apply the sign test to compare the data with the claimed median. How do the results compare to those of that exercise? If they differ, what does this imply about the respective tests?
In exercise

8 9 8 10 9 7 7 97 7 9 8 9 10 7 8 11 8 12 hours

Step by Step Solution

★★★★★

3.45 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

In exercise 148 the null and alternative hypotheses are H 0 M 10 hours and H 1 M 10 hours In applyin... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

522-M-S-N-S (1447).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Using the data of Exercise 14.13 and the 0.10 level, apply the sign test to compare the two samples. How do the results compare to those of that exercise? If they differ, what does this imply about...

Using the data of Exercise 14.99, In exercise (a) Create a new variable, x 2 2 . (b) Fit a surface of the form (c) Find the correlation matrix of the three independent variables. Is there evidence of...

Using the data of Exercise 14.100, In exercise (a) Create a new variable, x1x2. (b) Fit a surface of the form (c) Find the correlation matrix of the four independent variables. Is there evidence of...

14.46 Using the data of Exercise 14.8 and the 0.05 level, apply the sign test to compare the data with the claimed median. How do the results compare to those of that exercise? If they differ, what...

14.45 Using the data of Exercise 14.13 and the 0.10 level, apply the sign test to compare the two samples. How do the results compare to those of that exercise? If they differ, what does this imply...

Unit 3 Practice Problems Set 16 |Also, note that the templates for hypothesis testing provided in the Excel Guides for this unit are given in the next worksheet 17 lin this document--see folder tabs...

1.From a multitude of voters, a sample of 9 was selected at random and asked their age.Their ages are as follows: 21 22 23 23 24 25 26 30 39 Using statistical software, calculate the following from...

Please show your work. A B C D E F G H J K L M N o F 1 Q1: 2 An important task in performing business valuations is normalizing the historical financial statements. (a). Using the information...

Week 5 Project - STAT 3001 Student Name: Date: This assignment is worth a total of 60 points. Part I. Chi-Square Goodness of Fit Test (equal frequencies) For a recent year the number of homicides...

1. In a recent utilization survey of an e-learning platform of a post-secondary institution, a random sample of 64 students is selected (out a of a population of 5000 students). Their weekly hours of...

Consider a European put option on the stock of XY Z with strike $95 and six months to expiration. The stock does not pay dividends and is currently worth $100. The annual continuously compounded...

Fifty three percent of all persons in the U.S. population have at least some college education. Choose 10 persons at random. Find the probability that a. Exactly one-half have some college education...

Immunizing a bind portfolio from interest rate risk is based on the concept of

Compare the processing of correspondence in electronic, courier, surface, air, and fax mail.

The life (in hours) of a computer processing unit (CPU) is modeled by a Weibull distribution with parameters = 3 and = 900 hours. (a) Determine the mean life of the CPU. (b) Determine the variance of...

Assume the life of a packaged magnetic disk exposed to corrosive gases has a Weibull distribution with = 0.5 and the mean life is 600 hours. (a) Determine the probability that a packaged disk lasts...

The life of a recirculating pump follows a Weibull distribution with parameters = 2, and = 700 hours. (a) Determine the mean life of a pump. (b) Determine the variance of the life of a pump. (c) What...

You are exploring starting a rental company that rents higher-end motorcycles. You suspect that your service would be of more interest to condo-dwellers than to people who live in houses, because...

Ruby is 25 and has a good job at a biotechnology company. She currently has $12,400 in an IRA, an important part of her retirement nest egg. She believes her IRA will grow at an annual rate of 8...

Benchmark - Company Financial Analysis Project The purpose of this assignment is to analyze an annual Securities and Exchange Commission (SEC) report and perform research in order to evaluate the...