Table 9-9
Output Per Hour of Work
Table 9-9 shows the output per hour of work for light bulbs and flash drives in Mexico and in Canada.
-Refer to Table 9-9.
a. Which country has an absolute advantage in the production of light bulbs and flash drives?
b. Which country has a comparative advantage in the production of light bulbs?
c. Which country has a comparative advantage in the production of flash drives?
Definitions:
Null Hypothesis
A hypothesis that suggests there is no statistical significance between the two observed phenomena.
H Statistic
A measure of statistical significance in the Kruskal-Wallis H test, used to determine if there are differences between two or more groups of an independent variable on a continuous or ordinal dependent variable.
Wilcoxon Signed Rank Test
A non-parametric statistical test used to compare two related samples or repeated measurements on a single sample to assess whether their population mean ranks differ.
Aluminum Concentrations
The amount or level of aluminum present in a given substance, mixture, or environment.
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