Solved – Should I use Wilcoxon Signed Rank or Mann Whitney U in this question

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Stats newbie here currently trying to teach myself some stats topics. When testing for evidence that mean earnings per share were higher in 1988, should I use Wilcoxon Signed Rank since the samples can be paired?

But I'm still confused about the different uses of tests. What changes in the details of the problem would be required for me to be able to use Mann Whitney U, a t-test, and a z-test?

Thank you!

Best Answer

The data values are paired so you would use the Wilcoxon signed rank or paired t-test. An example of unpaired values might be if you had ten corporations from the United States and you wanted to compare them with ten corporations from Japan. In the unpaired case of course the sample sizes do not have to be equal.