A Group of 8 Stockbrokers Were Assessed for the Worth

question 3

Multiple Choice

A group of 8 stockbrokers were assessed for the worth of their investments over the course of a year. The following year the CEO reduced the commission rate payable to stockbrokers making good investments. Once again, the value of the broker's annual investment was totalled. The data were not found to be normally distributed. Which non-parametric test should the analyst therefore use on this project?

• A) Paired t-test
• B) Mann-Whitney test
• C) Wilcoxon signed-rank test
• D) Wilcoxon rank-sum test

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Definitions:

Sporting Goods

Items and equipment used for participation in sporting activities, including clothing, footwear, and gear like balls, bats, and nets.

Motivated Employees

Workers who are enthusiastic and committed to their tasks, often leading to higher productivity and job satisfaction.

Maslow's Hierarchy

A theory in psychology proposing that people are motivated to achieve certain needs and that some needs take precedence over others, forming a five-tier model of human needs.

Self-actualization

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.