TABLE 12-18 Two New Different Models of Compact SUVs Have Just Arrived

question 162

Short Answer

TABLE 12-18
Two new different models of compact SUVs have just arrived at the market. You are interested in comparing the gas mileage performance of both models to see if they are the same. A partial computer output for twelve compact SUVs of model 1 and thirteen of model 2 is given below:

You are told that the gas mileage population distributions for both models are not normally distributed.
-Referring to Table 12-18, what is the value of the Wilcoxon rank sum test statistic T₁?

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Definitions:

Bushels

A unit of volume measurement used primarily in agriculture, particularly in the United States, for grains and other dry commodities.

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as the threats to which an organization is exposed.

Downside Risk

The potential for loss in value of an investment, measuring how much an investor stands to lose.

Firm Value

The total value of a business, including its equity and debt components, considered in the context of valuation or acquisition.