The Significance Level for a Wilcoxon Signed Rank Test Is

question 17

Multiple Choice

The significance level for a Wilcoxon signed rank test is 0.05. The alternative hypothesis is stated as: The location of population 1 is to the left of the location of population 2. The appropriate critical value for a sample of size 20 (that is the number of nonzero differences) is:

• A) 37
• B) 43
• C) 52
• D) 60
• E) 70

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Definitions:

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal circumstances.

Machine-Hours

Machine-hours refer to the total time that machinery is in operation, often used as a basis for allocating manufacturing overhead costs.

Unused Capacity

The portion of a company's production capability or resources that is not currently being utilized to generate revenue or output.

Predetermined Overhead Rate

A rate calculated before a production period based on estimated overhead costs and activity levels, used to allocate overhead costs to products.