Consider the follow ing sign data, produced from a matchedpairs sample of ordinal data. a. Specify the

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Consider the follow ing sign data, produced from a matchedpairs sample of ordinal data.

a. Specify the competing hypotheses to determine whether the proportion of negative signs is significantly greater than the proportion of positive signs.

b. Calculate the value of the test statistic.

c. What is the decision rule w ith a 1 % level of significance?

d. What is the conclusion? Explain.

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