Consider the following sample data 8 5 11 7 6 5 a Specify the competing hypotheses to determine whether the median is less than 10 b With 0 05, what is the decision rule c Calculate the value of the test statistic T d Is the median less than 10 Explain ...

a b Given 005 and n 6 So we will reject if c d Rank Ranks of N ...

Consider the following sample data. 8 5 11 7 6 5 a. Specify the competing hypotheses to

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Consider the following sample data.

8 5 11 7 6 5

a. Specify the competing hypotheses to determine whether the median is less than 10.

b. With α = 0.05, what is the decision rule?

c. Calculate the value of the test statistic T.

d. Is the median less than 10? Explain

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Business Statistics Communicating With Numbers

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2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 10:01 AM

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Consider the following sample data. 8 5 11 7 6 5 a. Specify the competing hypotheses to

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Business Statistics Communicating With Numbers

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