We have the following sample data: .980,1.01,.970,.990,1.00,1.00,.980,.970,.980,and .999.Run a sign test on H₀: M_d = 1.00 with a 2-sided alternative at α = .05.What do you conclude? A)Reject the null hypothesis,I value = .0352 B)Do not reject the null hypothesis,p value = .004 C)Reject the null hypothesis,p value = .004 D)Do not reject the null hypothesis,p value = .0352

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Quizplus · Accepted Answer

The sign test compares the median of the sample to a specified value. Here, the median is compared to 1.00. The p-value of .0352 is greater than the significance level of .05, so we do not reject the null hypothesis.

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