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back Chapter 13 Exercise 1. i) # Put data in column labelled ‘Income’. STEST 50 ‘Income’ # Gives p-value of 0.1516. To check p-value, find probability of ‘observed result and of equivalent and more extreme values’ i.e. probability of 0 to 8 and 16 to 24. CDF 8; BINOMIAL 24 0.5. # Double this value, i.e. 2 X 0.0757948 = 0.151590. ii) # Calculate differences and put in column labelled ‘d’. Do one tail test. STEST 0 ‘d’; ALTERNATIVE 1. Exercise 2. Exercise 3.
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