Multiple Choice
Twenty economists were sampled and asked to predict if the national economy would improve during the next 12 months. Eleven of the economists predicted an increase, two economists predicted no change, and seven economists predicted a decrease in the economy. Conduct a hypothesis test at the 0.10 significance level to determine if the majority of economists predict an increase. The null hypothesis is:
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The sign test is an appropriate nonparametric
Q4: What is the test statistic for the
Q28: To use the sign test with paired
Q77: In a sign test, the test statistic
Q78: A nonparametric test requires that the data
Q80: What is the difference between chi-square nonparametric
Q83: Twenty economists were sampled and asked to
Q84: The following are the ratings (0 to
Q86: This nonparametric test requires at least ordinal
Q87: A nonparametric equivalent of a version of