Exhibit 20.2.A trading magazine wants to determine the number of hours stock brokers work each week.In particular,the trading magazine wants to determine if the median numbers 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 . Refer to Exhibit 20.2.Using the critical value approach,the appropriate conclusion is:
A)Reject the null hypothesis,cannot conclude the median number of hours worked per week differs from 100
B)Reject the null hypothesis,conclude the median number of hours worked per week is greater than 100
C)Reject the null hypothesis,cannot conclude the median number of hours worked per week is less 100
D)Reject the null hypothesis,conclude the median number of hours worked per week differs from 100

Question

Exhibit 20.2.A trading magazine wants to determine the number of hours stock brokers work each week.In particular,the trading magazine wants to determine if the median numbers 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  . Refer to Exhibit 20.2.Using the critical value approach,the appropriate conclusion is:
A)Reject the null hypothesis,cannot conclude the median number of hours worked per week differs from 100 
B)Reject the null hypothesis,conclude the median number of hours worked per week is greater than 100 
C)Reject the null hypothesis,cannot conclude the median number of hours worked per week is less 100 
D)Reject the null hypothesis,conclude the median number of hours worked per week differs from 100

Quizplus · Accepted Answer

The Answer of Exhibit 20.2.A trading magazine wants to determine the number of hours stock brokers work each week.In particular,the trading magazine wants to determine if the median numbers 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  . Refer to Exhibit 20.2.Using the critical value approach,the appropriate conclusion is:
A)Reject the null hypothesis,cannot conclude the median number of hours worked per week differs from 100 
B)Reject the null hypothesis,conclude the median number of hours worked per week is greater than 100 
C)Reject the null hypothesis,cannot conclude the median number of hours worked per week is less 100 
D)Reject the null hypothesis,conclude the median number of hours worked per week differs from 100