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The coded values for a measure of brightness in paper (light reflectivity), prepared by two different processes, are as shown in the accompanying table for samples of size 9 drawn randomly from each of the two processes. Do the data present sufficient evidence to indicate a difference in locations of brightness measurements for the two processes? Give the attained significance level.
A B
6.1
9.1
9.2
8.2
8.7
8.6
8.9
6.9
7.6
7.5
7.1
7.9
9.5
8.3
7.8
9.0
a Use the Mann-Whitney U test.
b Use Student's t test.
c Give specific null and alternative hypotheses, along with any assumptions, for the tests used in parts (a) and (b).
Tax cuts, spending cuts, changes to the money supply by the Federal Reserve... all these are examples of the fiscal policy and monetary policy tools used to change the current condition of the economy. What is being done? Has it been affective?..
Consider the case; does it include the factors you consider most important in the selection process? Which factors would you be inclined to weight most heavily? Why?
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