Property Values In Exercise 10.46,you compared the property evaluations of twotax
Chapter 15, Problem 17(choose chapter or problem)
Property Values In Exercise 10.46,you compared the property evaluations of twotax assessors, A and B. Their assessments for eightproperties are shown in the table:Property Assessor A Assessor B1 276.3 275.12 288.4 286.83 280.2 277.34 294.7 290.65 268.7 269.16 282.8 281.07 276.1 275.38 279.0 279.1a. Use the sign test to determine whether the data presentsufficient evidence to indicate that one of theassessors tends to be consistently more conservative than the other; that is, P(xA xB) 1/2. Test byusing a value of a near .05. Find the p-value for thetest and interpret its value.b. Exercise 10.46 uses the t statistic to test the nullhypothesis that there is no difference in the meanproperty assessments between assessors A and B.Check the answer for Exercise 10.46 and compareit with your answer to part a. Do the test resultsagree? Explain why the answers are (or are not)consistent.
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