To Use the Wilcoxon Rank Sum Test as a Test

question 126

Multiple Choice

To use the Wilcoxon Rank Sum Test as a test for location,you must assume that

• A)the obtained data are either ranks or numerical measurements that will be converted to combined ranks.
• B)both samples are randomly and independently drawn from their respective populations.
• C)both underlying populations from which the samples were drawn are equivalent in shape and dispersion.
• D)All the above.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net income or loss for that period.

Periodic Inventory System

An inventory system where inventory levels and cost of goods sold (COGS) are updated in the accounting records at the end of an accounting period.

Cost of Goods Sold

The total cost directly related to the production of the goods sold by a company.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit or loss over a specific period.