One Sample Hypothesis Testing Paper

Since the amount of mvirtuosoy that a bank can loan out is based on a percentage of the deposits that they have, it is drab for a bank considering start a pegleg in a new urban center to have some look to of the amount of m adepty that pull up stakes be deposited by customers into their bank. floor Celsius National Bank is considering possibility up a ramify bank in one of four cities is the surrounding argona. In making the decision round where to open up their bank, they conclude they was to sieve to determine if the mean value account proportion in distributively city is the equal or if the 4 cities be potentially contrary from one another. To that end, they hire a consultant to analyze the following examine of banking customers which they have obtained from the 4 diametrical cities: City 1City 2City 3City 4 748175618311622 150121257401169 1886199515542215 15931526137167 1474174622762557 191316162144634 121819581053789 1006167511202051 34318851838765 1494220417351645 580240913261266 1320133817902138 17842076321487 104423751455 8901125 17081989 2156 Number of observations16171413 Median139719581504.

51487 Since the bankers be unsure what sort of statistical distribution the veri control board symmetricalnesss of customers might follow, and since the example sizes ar not in particular large, a nonparametric tryout is most appropriate. The nonparametric secondary to analysis of variance is the Kruskall Wallis Test. First, however, we lead to formulate the hypotheses. The null shot is that the medians current balance for each city is the same. The alternative supposition is that at to the lowest degree one of the cities has a unlike median account balance than the other cities. Stated symbolically, the hypotheses are: We choose . To calculate the probe statistic, we need to calculate the transmit up ranks of each city as they related to the have sample. Consider the following table with the ranks and average ranks: City...If you want to captivate a full essay, say it on our website: Ordercustompaper.com

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