36 37 Q3. You have been given a list of 1,500 bank accounts and their current balances. You have been asked to determine whether the median balance 38 in these accounts is $3,500 or greater. What is...

econometrics

Extracted text: 36 37 Q3. You have been given a list of 1,500 bank accounts and their current balances. You have been asked to determine whether the median balance 38 in these accounts is $3,500 or greater. What is the appropriate nonparametric test for you to use in making this determination? Q3. 39 40 41 Q4. A manufacturer is testing two different vaccum pump designs. In a controlled test he got the following results for PSI produced: 42 PSI