Both the C 2 Test and the Wilcoxin Signed Ranks

question 41

True/False

Both the c 2 test and the Wilcoxin signed ranks test are one-tailed tests.

---

Definitions:

Actual Sales

Revenue generated from goods sold or services provided in a particular period, factually recorded.

Sales Variance

Sales variance is the difference between actual sales and budgeted or planned sales, used to assess performance.

Variable Costs

Costs that vary directly with the level of production or business activity.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, or insurance premiums.