Suppose That 6 Economists Who Work for the Federal Government

question 2

Multiple Choice

Suppose that 6 economists who work for the federal government and 7 university economists were asked to grade the effectiveness of an economic stimulus bill in terms of its ability to increase jobs over the next two years. What nonparametric method is appropriate for testing if the two groups differ in terms of their opinion?

• A) Wilcoxon rank-sum test
• B) Wilcoxon signed-rank test
• C) Spearman's rho test
• D) Kruskal-Wallis Test
• E) Kendall's tau test

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Definitions:

First-Chair Violinist

The lead violinist in a symphony orchestra, often responsible for playing solos and leading the violin section.

Symphony Orchestra

A large ensemble of musicians, typically including strings, woodwinds, brass, and percussion, performing classical and other types of music.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be consumed by everyone and one person's consumption does not diminish another's.

Efficiency Problem

An issue or circumstance that prevents an economic system or process from optimizing resource use to achieve the greatest output or utility.