Consider the following information: n1 = 24, n2 = 28 and R = 18, where R is

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Consider the following information: n1 = 24, n2 = 28 and R = 18, where R is the number of runs, n1 and n2 are the number of elements in a sequence possessing and not possessing a certain attribute, and n 1 + n2 = n.

a. Specify the competing hypotheses in order to test for nonrandomness.

b. What is the value of the test statistic?

c. Calculate the p-value.

d. At the 5% significance level, are the observations nonrandom?

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 27, 2024 08:02 AM

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Consider the following information: n1 = 24, n2 = 28 and R = 18, where R is

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Business Statistics Communicating With Numbers

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