The First 10 Final Exams Turned in for a Particular

question 58

Multiple Choice

The first 10 final exams turned in for a particular class are classified as either pass (earned a grade of "C" or higher) or fail (earned a grade lower than "C") .The sequence of exam submission and the results are shown here: ​ ​
A runs test with α = 0.05 is used to determine whether there is any evidence that the order in which the exams were submitted was not random.What is the alternative hypothesis in this case?

• A) The statistics will conform that the distribution is random.
• B) The distribution can be modeled as a normal curve.
• C) There is not alternative hypothesis; there are too few data points to analyze correctly.
• D) The distribution is not random.

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Definitions:

Aging the Data

Involves adjusting historical data for factors such as inflation or changes in market rates to make it relevant and applicable to current conditions.

Market Increases

Adjustments in the price levels of goods and services in a market, often influenced by factors such as supply and demand, inflation, and economic policies.

Compensation Surveys

Research conducted to gather and analyze competitive salary data, used by organizations to benchmark their compensation packages.

Labour Market

The supply and demand for labor, where employers seek to hire workers and workers seek employment.