In a market research study involving 11 people, 7 preferred Product X, 3 preferred Product Y, and 1 expressed no preference. A sign test is selected using the 0.05 level of significance. What is the decision rule if the test statistic is the number of people preferring Product X?

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The Answer of In a market research study involving 11 people, 7 preferred Product X, 3 preferred Product Y, and 1 expressed no preference. A sign test is selected using the 0.05 level of significance. What is the decision rule if the test statistic is the number of people preferring Product X?

In a Market Research Study Involving 11 People, 7 Preferred