To Avoid Wage Compression

question 37

Multiple Choice

To avoid wage compression,

• A)employees probably need to change companies.
• B)employees need to speak to their supervisors.
• C)employees need to sign a deferred compensation contract.
• D)managers need to pay above the minimum wage.

Comprehend how the Wilcoxon rank sum test operates with ordinal or interval but non-normally distributed data.

Understand how to interpret the results of nonparametric tests, including the Wilcoxon rank sum test.

Grasp the significance level and its role in hypothesis testing within nonparametric methods.

Recognize the importance of sample independence in applying nonparametric tests.

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