The signed-rank test can be adapted for use in testing H0: μ = hypothesized value, where μ is the mean of a single population (see the last part of this section). Suppose that the time required to process a request at a bank’s automated teller machine is recorded for each of 10 randomly selected transactions, resulting in the following times (in minutes); 1.4, 2.1, 1.9, 1.7, 2.4, 2.9, 1.8, 1.9, 2.6, 2.2. Use the one-sample version of the signed-rank test and a .05 significance level to decide if the data indicate that the mean processing time exceeds 2 minutes.
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