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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey,15 viewers were asked to rank their enjoyment of two television programs.Of those respondents who had a preference,4 preferred The Big Bang Theory while 8 preferred Criminal Minds.
-Which nonparametric method is appropriate for analyzing these results?
Planning Budget
A budget prepared for a planned level of activity; it is used for planning and control purposes within an organization.
Administrative Expenses
Expenses that are not directly related to the production of goods or services, including salaries of administrative staff, rent, and utilities.
Activity Variance
The difference between budgeted and actual activity levels, used in managerial accounting to monitor performance and control costs.
Net Operating Income
The income generated from normal business operations after subtracting operating expenses but before interest and taxes.
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