(Table: Sales and Payments) Suppose That the Price of

question 121

Multiple Choice

(Table: Sales and Payments) Suppose that the price of
The agricultural good increases with no change in the
Price of the manufactured good.Which of the following
Resources will show the MOST gain?

• A)Capital
• B)Labor
• C)Land
• D)capital and labor

Recognize the characteristics and pre-requisites for applying the Friedman test.

Select appropriate statistical techniques for analyzing ordinal or interval data from randomized block experiments.

Distinguish between the Friedman test and other nonparametric tests like the Kruskal-Wallis test for various experimental designs.

Comprehend the calculation of test statistics and p-values in nonparametric tests.