A Trading Magazine Wants to Determine the Number of Hours

question 45

Multiple Choice

A trading magazine wants to determine the number of hours stockbrokers work each week. In particular, the trading magazine wants to determine if the median number of hours 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 T = T⁺ = 153. The p-value for the test is ________.

• A) 0.0016
• B) 0.0032
• C) 0.9984
• D) 0

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Definitions:

Encourage Play

A method or approach that promotes engaging in playful activities to stimulate physical, cognitive, or social development.

Language Development

The process by which individuals acquire the ability to perceive, produce, and use words to understand and communicate.

Chess and Thomas

Researchers known for their work in child temperament, identifying patterns of behavior that indicate how children interact with their environment.

Temperament Category

A classification within a system that describes an individual's innate nature, particularly in terms of their emotional and behavioral tendencies.