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Exhibit 20

question 47

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Exhibit 20.8.A sports agent wants to understand the differences in the annual earnings of players in different sports.The below table shows the annual earnings (in million dollars) of 52 athletes.For the Kruskal-Wallis test,the rank sums for each group are at the bottom of the table. Exhibit 20.8.A sports agent wants to understand the differences in the annual earnings of players in different sports.The below table shows the annual earnings (in million dollars) of 52 athletes.For the Kruskal-Wallis test,the rank sums for each group are at the bottom of the table.   Refer to Exhibit 20.8.For the Kruskal-Wallis test,the competing hypotheses are: A)    ,   B)    C)    ,   D)   Refer to Exhibit 20.8.For the Kruskal-Wallis test,the competing hypotheses are:


Definitions:

Positive Entry

The introduction of new firms into a market in response to observed profits, leading to increased competition.

Goods Imports

The action or process of bringing goods and services from foreign countries into a domestic market for consumption or use.

Exports of Services

Economic transactions where domestic service providers offer their services to entities in foreign countries.

Exchange Rates

The price at which one currency can be exchanged for another in the foreign exchange market.

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