Fred Conducts a Paired-Samples T Test

question 17

Multiple Choice

Fred conducts a paired-samples t test. His critical t value is 2.36 and his actual t value is 4.17. Which of the following is true?

• A) He should have conducted a two-sample t test.
• B) His p value is greater than .05.
• C) He should reject the null hypothesis.
• D) He should fail to reject the null hypothesis.

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Definitions:

Initial Investment

Initial investment refers to the capital amount spent to start a business venture, project, or purchase an asset.

Intangible Benefit

A non-quantifiable advantage or positive outcome derived from a product or service, such as brand recognition or customer loyalty.

Discount Rate

This is the discount rate used to figure out what future cash flows are worth in the present in discounted cash flow analysis.

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A previously owned aircraft that is smaller in size, often used for personal, business, or small commercial purposes.