In a One-Tail Test,the P-Value Is Found to Be Equal

question 41

Multiple Choice

In a one-tail test,the p-value is found to be equal to 0.068.If the test had been two-tail,the p-value would have been:

• A)0.932
• B)0.466
• C)0.034
• D)0.136

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Definitions:

Material Used

The raw materials that have been consumed in the production process to create goods.

Total Labor Cost Variance

This refers to the difference between the actual labor costs incurred and the standard labor costs for the actual production levels.

Labor Per Unit

The amount of labor cost assigned to each unit of production.

Direct Labor

The wages of employees or workers who are directly involved in the production of goods or services.