In Testing the Hypotheses H₀ $\mu$ = 75 VsH₁ $\mu$ < 75,if the Value of the Test Statistic Z Equals

question 23

Multiple Choice

In testing the hypotheses H₀: $\mu$ = 75 vs.H₁: $\mu$ < 75,if the value of the test statistic z equals -2.42,then the p-value is:

• A) 0.5078
• B) 2.4200
• C) 0.9922
• D) 0.0078

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Definitions:

Investing Activities

Part of the cash flow statement that details cash inflow and outflow related to the purchase and sale of long-term investments and assets.

Financing Activities

Transactions related to changes in the equity and debt of an organization, including issuing shares, paying dividends, and borrowing funds.

Indirect and Direct Methods

Two approaches for preparing cash flow statements: the direct method reports major classes of gross cash receipts and payments, while the indirect method adjusts net income for changes in balance sheet accounts to calculate cash from operating activities.

Direct Method

An approach in cost accounting that allocates service department costs directly to production departments without considering inter-service department flows.