Refer to the MegaStat/Excel Output for the Wilcoxon Rank Sum

question 9

Multiple Choice

Refer to the MegaStat/Excel output for the Wilcoxon rank sum test given in the table below. At a significance level of .05,which one of the following rejection point conditions is correct regarding the null hypothesis,H₀: D₁ and D₂ are identical probability distributions,and the alternative hypothesis of H_a: D₁ is shifted to the left of D₂.

• A) We reject H₀ and conclude that there is very strong evidence that the median value of the first sample significantly differs from the median value of the second sample.
• B) We reject H₀ and conclude that there is very strong evidence that the median value of the first sample is significantly less than the median value of the second sample.
• C) We do not reject H₀ and conclude there is not sufficient evidence that the median value of the first sample is significantly less than the median value of the second sample.
• D) We do not reject H₀ and conclude there is not sufficient evidence to conclude that the median value of the first sample is not significantly different than the median value of the second sample.
• E) We do not reject H₀ and conclude there is very strong evidence that the median value of the first sample is significantly less than the median value of the second sample.

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Definitions:

Liabilities

Liabilities refer to financial obligations or debts that a company owes, which are expected to be settled through the transfer of assets, provision of services, or other economic benefits.

Account

A record summarizing all the transactions pertaining to a single item in the accounting equation.

Debit And Credit Side

Terms used to describe the two sides of an accounting ledger; the debit side records increases in assets and expenses and decreases in liabilities and equity, while the credit side records increases in liabilities, equity, and revenues and decreases in assets and expenses.

Source Document

A primary document that holds the necessary information to verify a transaction recorded in a financial system.