A Researcher Finds That the Number of Scores Above the Median

question 28

Multiple Choice

A researcher finds that the number of scores above the median is 11 and the number of scores below the median is 5 using a sample of 16 participants.Based on these data,what is the decision for a one-sample sign test at a .05 level of significance?

• A)Retain the null hypothesis.
• B)Reject the null hypothesis.
• C)There is not enough information to answer this question.

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Petty Cash Fund

A small amount of cash kept on hand by a business for making immediate payments for miscellaneous small expenses.

Journal Entries

The basic means of recording financial transactions in the accounting records, consisting of debits and credits to various accounts.

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Documents that serve as evidence of authority to make a payment and usually support transactions before they are processed.

Currency

The system of money in general use in a particular country, recognized as a medium of exchange for goods and services.