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The median property tax rate per 1 000 value for state a

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Reference no: EM13578305

The median property tax rate per $ 1 ,000 value for state A is $21 .42. A family is considering moving to state B and wants to know whether the tax rate there is higher. They randomly sample 12 counties in state B and find the following rates: $3 1 .70, $3 1 .80, $28.70, $3 1 . 1 2, $25.00, $ 1 3 .90, $20.01, $3 3 . 1 2, $ 1 5.00, $34.84, $25.32, $ 1 8.01 . Do a one-tailed Wilcoxon test at ex = 0.05, using a critical value decision rule, of Ho: ii = iio and HI : ii > iio·

Reference no: EM13578305

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