Exhibit 20

question 86

Multiple Choice

Exhibit 20.2.A trading magazine wants to determine the number of hours stock brokers work each week.In particular,the trading magazine wants to determine if the median numbers worked per week differs from 100 hours.The magazine samples 18 traders.For the Wilcoxon Signed-Rank Test,the value of the test statistic is . Refer to Exhibit 20.2.Using the critical value approach,the appropriate conclusion is:

• A)Reject the null hypothesis,cannot conclude the median number of hours worked per week differs from 100
• B)Reject the null hypothesis,conclude the median number of hours worked per week is greater than 100
• C)Reject the null hypothesis,cannot conclude the median number of hours worked per week is less 100
• D)Reject the null hypothesis,conclude the median number of hours worked per week differs from 100

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Definitions:

Legal Asset Distributions

The process of dividing and distributing a company's assets to shareholders, creditors, or heirs following legal rules.

Treasury Stock

Shares that were issued and subsequently reacquired by the company, hence are not considered when calculating earnings per share or dividends.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Mandatorily Redeemable

Financial instruments or securities that the issuer is obligated to buy back or redeem at a predetermined price and date.