Does Income Increase When You Get Married? to Investigate This,a

question 48

Multiple Choice

Does income increase when you get married? To investigate this,a college student has randomly selected people from his college town and collected income data for these people.They were categorized according to their marital status.The following results (in thousands of dollars) were obtained. The data are to be analyzed using the Wilcoxon rank sum test.The null hypothesis is that income has the same distribution for married and unmarried people.What is the appropriate alternative hypothesis?

• A)The distribution of income for married people has values that are systematically larger than for unmarried people.
• B)The distribution of income for unmarried people has values that are systematically larger than for married people.
• C)The distribution of income for one of the two groups of people has values that are systematically larger than for the other group.
• D)None of the above

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Definitions:

Equipment Undervalued

A situation in which the book value of equipment is recorded at less than its fair market value.

Partial Equity Method

A method of accounting for investments where the investor recognizes its share of the profits and losses of the investee, to the extent of its initial investment, in its financial statements.

Noncontrolling Interest

A portion of equity (ownership) interest in a subsidiary not owned by the parent company, reflecting the share of the subsidiary not attributable directly to the parent company's shareholders.

Equipment Undervalued

A situation where the recorded book value of equipment on the financial statements is less than its current market value.