9. Suppose a regional market analyst believes the median repair cost estimates for Garage 1 is below that for Garage 2 (or the probability distribution of repair cost estimates for Garage 1 is shifted...


9. Suppose a regional market analyst believes the median repair cost estimates for Garage 1<br>is below that for Garage 2 (or the probability distribution of repair cost estimates for<br>Garage 1 is shifted to the left of the probability of repair cost estimates for Garage 2). Use<br>the Wilcoxon Signed Rank Test at the 0.05 level on the observations below to test this<br>claim?<br>Repair<br>Repair.<br>Cost<br>Estimate<br>Garage 2<br>Cost<br>Estimate<br>Sample of Cars<br>Garage 1<br>$ 710<br>$ 900<br>$ 1100<br>$ 890<br>$ 990<br>$ 910<br>S 1030<br>$ 790<br>$ 1010<br>$ 1220<br>$ 880<br>S 1040<br>$ 980<br>$ 1170<br>Car 1<br>Car 2<br>Car 3<br>Car 4<br>Car 5<br>Car 6<br>Car 7<br>

Extracted text: 9. Suppose a regional market analyst believes the median repair cost estimates for Garage 1 is below that for Garage 2 (or the probability distribution of repair cost estimates for Garage 1 is shifted to the left of the probability of repair cost estimates for Garage 2). Use the Wilcoxon Signed Rank Test at the 0.05 level on the observations below to test this claim? Repair Repair. Cost Estimate Garage 2 Cost Estimate Sample of Cars Garage 1 $ 710 $ 900 $ 1100 $ 890 $ 990 $ 910 S 1030 $ 790 $ 1010 $ 1220 $ 880 S 1040 $ 980 $ 1170 Car 1 Car 2 Car 3 Car 4 Car 5 Car 6 Car 7

Jun 09, 2022
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