Given the Following Data, Calculate the Total Product Cost Per

question 149

Multiple Choice

Given the following data, calculate the total product cost per unit under variable costing.

• A) $4.75 per unit
• B) $7.05 per unit
• C) $15.38 per unit
• D) $13.08 per unit
• E) $16 per unit

Formulate null and alternative hypotheses for the Wilcoxon test based on the difference in medians.

Recognize the conditions under which to use nonparametric methods.

Understand the relevance of sample size in approximating normal distribution for the rank sum statistic.

Apply the Wilcoxon signed rank test for matched pairs or related samples.

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