Fill in the Blank with the Appropriate Word or Phrase $\leq \alpha$

question 6

Multiple Choice

Fill in the blank with the appropriate word or phrase. When performing the Rank-sum test we reject the null hypothesis when ? .

• A) the P-value \(\leq \alpha\)
• B) the test statistic \(\geq \alpha\)
• C) the test statistic \(< \alpha\)
• D) the P-value >\(\alpha \)

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Definitions:

Unemployed People

Individuals of working age who are without work, but are available for and seeking employment.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, which has been accelerated by advances in transportation and communication technology, with significant implications for economies, culture, and political systems.

Hourly Wages

The amount of money paid to an employee for one hour of work.

Income Effect

Variations in the income levels of individuals or economies and the resultant effects on the demand for goods or services.