Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

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Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

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Tourism is extremely important to the economy of Florida. Hotel occupancy is an often-reported measure of visitor volume and visitor activity (Orlando Sentinel, May 19, 2018). Hotel occupancy data for February in two consecutive years are as follows. Let P₁ = population proportion of rooms occupied for current year P2 = population proportion of rooms occupied for previous year Occupied Rooms Total Rooms 1,360 1,700 1,309 1,700 a. Formulate the hypothesis test that can be used to determine whether there has been an increase in the proportion of rooms occupied over the one-year period. Ho P1 P2 - Select your answer - Ha P₁ P2 - Select your answer - b. What is the estimated proportion of hotel rooms occupied each year (to 2 decimals)? Current Year Current year Previous Year c. Conduct a hypothesis test. What is the p-value (to 4 decimals)? Use Table 1 from Appendix B. p-value = Using a 0.05 level of significance, what is your conclusion? Previous Year - We - Select your answer that there…

Answer 2

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Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

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Check out a sample textbook solution

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Answer 3

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Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

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Check out a sample textbook solution

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Answer 4

Question

Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

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Answer 5

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

Answer 6

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

Answer 7

Chapter 9.6, Problem 165E

(a)

To determine

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

Answer 8

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

Answer 9

(b)

To determine

Compare the results of part a, with 9.125 problem where t-test was used.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 9.1 - Explain the meaning of the term hypothesis as used...Ch. 9.1 - Regarding the term null hypothesis: a. Originally,...Ch. 9.1 - What role does the decision criterion play in a...Ch. 9.1 - Suppose that you want to perform a hypothesis test...Ch. 9.1 - Suppose that you are considering a hypothesis test...Ch. 9.1 - Suppose that, in a hypothesis test, the null...Ch. 9.1 - Suppose that, in a hypothesis test, the null...Ch. 9.1 - What is the relation between the significance...Ch. 9.1 - Answer true or false and explain your answer: If...Ch. 9.1 - Answer true or false and explain your answer: For...

Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

Solution Summary: The author concludes that there is no sufficient evidence to support that the mean monthly rent for two bedroom units is greater than the FMR of 949

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Test whetherthe mean monthly rent for two bedroom units is greater than the FMR of $949 or not using Wilcoxon signed rank test.

Compare the results of part a, with 9.125 problem where t-test was used.

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