The Following Data Was Collected as Part of a Study

question 9

Multiple Choice

The following data was collected as part of a study examining whether there is a difference between the number of hours men and women watch television. The values represent the number of hours a subject watched television on a designated Monday night. In the process of computing the test value the data from both samples should be combined, arranged in order, and ranked according to each group. Calculate the sum of the ranks for both groups. Lower values rank ahead of higher ones.

• A) The sum of the ranks for the men is 162.5, and the sum of the ranks for the woman is 137.5.
• B) The sum of the ranks for the men is 170, and the sum of the ranks for the woman is 130.
• C) The sum of the ranks for the men is 130, and the sum of the ranks for the woman is 170.
• D) The sum of the ranks for the men is 137.5, and the sum of the ranks for the woman is 162.5.

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Definitions:

Marginal Revenue Product

The additional revenue generated from employing one additional unit of a resource, considering all other inputs constant.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor of production, holding all other factors constant.

Rent

The price paid for the use of property or land by one party to another under the terms of a lease agreement.

Marginal Physical Product

The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.