FILE The follow ing table shows a portion of the growth rate in the gross domestic product
Question:
FILE The follow ing table shows a portion of the growth rate in the gross domestic product (GDP) for India from 1980 through 2008; the full data set can be found on the text website, labeled India GDP. Use the method of runs above and below the median w ith a significance level of 5% to test the null hypothesis of randomness against the alternative that there is a trend or cyclical pattern.
Year GDP 1980 6.74 1981 6.00 2008 6.07 Source: http://data.worldbank.org/indicator.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia
Question Posted: