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An Energy Analyst Wants to Test If U

question 34

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An energy analyst wants to test if U.S.oil production is random over time.The analyst has monthly production values for the two years.The analyst finds 12 months are above the median,12 months are below the median,six runs are below the median,and five runs are above the median.Assuming R has the standard normal distribution,the p-value for the test is _________.


Definitions:

Pitch

The frequency of vibrations of sound that enable one to classify sound on a scale from high to low.

Windpipe

The windpipe, also known as the trachea, is the air passage that leads from the larynx (voice box) to the bronchi, which are the major airways leading into the lungs.

Larynx

The organ located in the neck of mammals involved in breathing, producing sound, and protecting the trachea against food aspiration.

Trachea

A cartilaginous tube between the larynx and the main bronchus of the respiratory tree.

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