Share
Explore BrainMass

Nonparametric Test-Sign Test.

The median annual income for college graduates with a bachelor's degree is $37700. Data for a sample of college graduates with a bachelor's degree working in the Chicago area are shown. Use the sample of data to show Ho: median ? 37.7 and Ha: median > 37.7 for the population of college graduates with a bachelor's degree working in the Chicago area. Use a 0.05 level of significance. What is your conclusion?

Attachments

Solution Summary

The solution illustrates the nonparametric test procedure-sign test. Response includes a Word and Excel document.

$2.19