A Vendor Was Interested in Determining Whether Two Soft Drink

question 136

Short Answer

A vendor was interested in determining whether two soft drink machines dispense the same amount of liquid. A sample of size seven was selected from each machine and the amount of liquid dispensed (in ounces) was recorded as Use the Wilcoxon rank sum test to determine whether the distributions for the amount of liquid dispensed are the same for both machines. Use = 0.05.
The null and alternate hypotheses are: : The distributions for the amount of liquid dispensed are identical for the two machines. : The distributions for the amount of liquid dispensed differ for the two machines.
What is the test statistic?
T:______________
What is the critical value for the test statistic?
______________
Thus: ______________
Conclude:
We conclude that the distributions of the amount of liquid dispensed by the two machines are ______________.

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Definitions:

Preferred Stock

A type of share in a corporation that gives the owner a greater entitlement to the firm's earnings and assets than holders of common stock.

Dividend Growth Model

An approach to valuing a company's shares by calculating the present value of its expected dividends through discounting.

Cumulative Voting

A voting system that allows shareholders to allocate all of their votes to one candidate or distribute them among multiple candidates during an election.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common shares.