A project manager is using the payback method to make the final decision on which project to undertake.The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years.What is the non-discounted payback of a project that has cash flows as shown in the table? 
Definitions:
Alternative Hypothesis
In statistical hypothesis testing, a statement that contradicts the null hypothesis and indicates a new theory or finding is expected.
Heart Attack Incidence
The frequency or rate at which new cases of heart attacks occur in a specified population over a certain period of time.
Week Days
The days of the week excluding the weekend, typically Monday through Friday.
Chi-square Statistic
A statistical measure used in tests of independence to evaluate how likely it is that an observed distribution is due to chance.
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