Blake Is Interested in Training for His First Marathon and Wants

question 64

Multiple Choice

Blake is interested in training for his first marathon and wants to determine whether the finishing time of non-elite marathon runners depends on the type of training program used.There are three training programs he is interested in comparing: Hal Higdon's, Jeff Galloway's, and Art Liberman's.Blake is able to track down 30 runners, 10 who have used Higdon's, 10 who have used Galloway's, and 10 who have used Liberman's.Blake asks the runners for their marathon finishing times.What statistic should he use to analyze his data?

• A) Spearman rank-order correlation coefficient
• B) Mann-Whitney U test
• C) one-way ANOVA
• D) Kruskal-Wallis H test

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Definitions:

Character

In finance, character often refers to one of the "Three Cs" (character, capacity, collateral) used to assess a borrower's creditworthiness, focusing on their reputation for repaying debts.

Financial Reserves

Funds or assets that are set aside to meet future liabilities, contingencies, or unforeseen expenditures.

Capital

Resources made available for the use in the production of goods or services, often categorized into financial, human, or physical forms.

Conditions

The set of circumstances or criteria that affect financial decisions or the outcome of investments.