Solved

Perform the Indicated Sign Test α=0.05\alpha = 0.05

Question 21

Essay

Perform the indicated sign test. Be sure to do the following: Identify the claim mathematically and state the null and
alternative hypotheses. Determine the critical value and find the test statistic. Decide whether to reject or fail to reject
the null hypothesis and interpret the decision in the context of the original claim.
-A company claims that the median monthly earnings of its farm workers is greater than $919. To test the claim,
100 workers are randomly selected and asked to provide their monthly earnings. The data is shown below. Test
the companyʹs claim. Use α=0.05\alpha = 0.05  Weekly Earnings  Number of Workers  Less than $91944$9195 More than $91951\begin{array} { l | r } \text { Weekly Earnings } & \text { Number of Workers } \\\hline \text { Less than } \$ 919 & 44 \\\$ 919 & 5 \\\text { More than } \$ 919 & 51\end{array}

Correct Answer:

verifed

Verified

blured image blured image critical value = -1.645; test statisti...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents