Multiple Choice
An accountant wants to know if the property taxes paid by clients who live in the city are different from those who live in the country. The property taxes paid by five clients from the city (sample 1) and five clients from the country (sample 2) are shown below. Using the critical value approach and α = 0.05, the appropriate conclusion is ________.
A) reject the null hypothesis; we cannot conclude the median taxes paid in the city differs from the median taxes paid in the country
B) do not reject the null hypothesis; conclude the median taxes paid in the city differs from the median taxes paid in the country
C) reject the null hypothesis; we can conclude the median taxes paid in the city differs from the median taxes paid in the country
D) do not reject the null hypothesis; we cannot conclude the median taxes paid in the city differs from the median taxes paid in the country
Correct Answer:

Verified
Correct Answer:
Verified
Q60: A fund manager wants to know if
Q61: The nonparametric test to determine if a
Q62: A pawn shop claims to sell used
Q63: An accountant wants to know if the
Q64: A company that produces financial accounting software
Q66: Investment institutions usually have funds with different
Q67: A magician has a coin that may
Q68: If we wish to compare central tendencies
Q69: The Kruskal-Wallis test is a nonparametric alternative
Q70: A pawn shop claims to sell used