When Using the Mann-Whitney U Test, the Null Hypothesis Is

question 40

Multiple Choice

When using the Mann-Whitney U test, the null hypothesis is rejected when the _____ of the two calculated statistics is equal to or _____ than the critical value.

• A) smaller; greater
• B) larger; greater
• C) smaller; less
• D) larger; less

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Definitions:

Mark-up

The amount added to the cost price of goods to cover overhead and profit; typically expressed as a percentage of the cost.

Unit Cost

Unit cost is the total expense incurred to produce, store, and sell one unit of a product or service, including both fixed and variable costs.

Operating Profit

Income from business operations after operating expenses are subtracted from gross profits, but before taxes and interest expenses.

Operating Expense

ongoing costs for running a product, business, or system.