Examlex
To use the Wilcoxon rank sum test as a test for location, which of the following conditions must we assume?
Inputs
Resources used in the production process, including labor, technology, and materials.
Economies Of Scale
Situation in which output can be doubled for less than a doubling of cost.
Increasing Returns
A situation where the addition of more units of input results in a more-than-proportional increase in output.
Competitive Market
A market structure characterized by many buyers and sellers, such that no single party can dictate the market price.
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