The Following Data Was Collected as Part of a Study

question 13

Multiple Choice

The following data was collected as part of a study examining whether there is a difference between the number of hours men and women watch television. The values represent the number of hours a Subject watched television on a designated Tuesday night. In the process of computing the test Value the data from both samples should be combined, arranged in order, and ranked according to Each group. Calculate the sum of the ranks for both groups. Lower values rank ahead of higher Ones. $$\begin{array} { l | l l l l l l l l l l l l } \text { Men } & 2.0 & 1.5 & 3.0 & 2.5 & 2.0 & 1.0 & 0.0 & 2.0 & 1.5 & 2.5 & 2.0 & 2.0 \\\hline \text { Women } & 2.0 & 2.5 & 1.0 & 1.0 & 1.5 & 2.5 & 2.0 & 1.0 & 2.0 & 1.5 & 1.0 & 0.0\end{array}$$

• A) The sum of the ranks for the men is 170, and the sum of the ranks for the woman is 130.
• B) The sum of the ranks for the men is 137.5, and the sum of the ranks for the woman is 162.5.
• C) The sum of the ranks for the men is 162.5, and the sum of the ranks for the woman is 137.5.
• D) The sum of the ranks for the men is 130, and the sum of the ranks for the woman is 170.

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Definitions:

Amortized

The gradual reduction of a debt over a specified period of time by making regular payments of principal and interest.

Fair Value

A measure of the worth of an asset or liability, based on its current market price or the price it would fetch in an orderly transaction at the measurement date.

Controlling Interest

The ownership of a majority of a firm's stock, giving the shareholder the ability to control decisions and operations.

Amortized

The process of gradually paying off a debt or reducing the value of an intangible asset through regular payments over a set period.