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Chapter 11.4, Problem 12P

(a)

To determine

Verify the median is 17.5.

Convert the sequence of numbers to a sequence of symbols A and B.

(b)

To determine

Check whether the sequence for randomness about the median at the 5% level of significance or not.

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A retail store manager claims that the average daily sales of the store are $1,500. You aim to test whether the actual average daily sales differ significantly from this claimed value. You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers Numerical answers in the yellow cells
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Chapter 11 Solutions

Bundle: Understandable Statistics: Concepts And Methods, 12th + Jmp Printed Access Card For Peck's Statistics + Webassign Printed Access Card For ... And Methods, 12th Edition, Single-term

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