When Assigning Ranks During a Wilcoxon Rank Sum Test, Tied

question 118

Multiple Choice

When assigning ranks during a Wilcoxon rank sum test, tied values are each given the mean of the next ranks to be assigned. Which of the following statements is NOT correct regarding this averaging procedure?

• A) The procedure is crucial when the tied values belong to the same sample.
• B) Although still employed, the procedure is not crucial (and an arbitrary assignment of ranks to tied values would be acceptable) when the tied values belong to the same sample.
• C) The procedure is designed to avoid arbitrariness.

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Definitions:

Service Revenue

Revenue generated by a business through the delivery of services to its clientele.

Prepaid Rent

An asset account that records rent payments made in advance for the use of property or space that hasn’t yet been incurred.

Adjusting Entry

An entry made in the journals to align the accounts with the true financial status by accounting for accrued or deferred items.

Net Income

A measure of profitability that calculates the total revenue minus total expenses, taxes, and costs.