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The eighth-grade class is preparing for its annual "School Scam Skit" in which it parodies amusing school events during the year.Alonzo discovers that,by mistake,the class has sold 500 tickets for an auditorium that has a seating capacity of 200.The auditorium is not available any other night,and the class doesn't have funds available to rent a suitable room elsewhere.Numerous possible solutions may exist,but the class is feeling panicked.Describe how a class committee might attempt to approach the problem using each of the following strategies.[Note: Some strategies might not be effective.Also,you do not need to derive a solution,given that you do not have all the information needed.The main interest is the procedures that you use.]
-Means-ends analysis:
Standardized Value
A score that has been transformed to have a mean of zero and a standard deviation of one, also known as a z-score, enabling comparison across different scales or distributions.
Wilcoxon Rank Sum Test
A non-parametric statistical test used to compare two independent samples to assess if their population mean ranks differ.
Non-Normality
A situation where a data set does not follow a normal distribution, affecting the choice of statistical methods for analysis.
Rank Sum Statistic
A statistical measure used in non-parametric tests to evaluate the significance of the difference between two independent samples based on ranks of the data.
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