A Random Sample of 30 Executives from Companies with Assets

question 50

Multiple Choice

A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education.The ANOVA comparing the average income among three levels of education rejected the null hypothesis.The Mean Square Error (MSE) was 243.7.The following table summarized the results: Based on the comparison between the mean annual incomes for executives with Undergraduate and Master's Degree or more,

• A)A confidence interval shows that the mean annual incomes are not significantly different.
• B)The ANOVA results show that the mean annual incomes are significantly different.
• C)A confidence interval shows that the mean annual incomes are significantly different.
• D)The ANOVA results show that the mean annual incomes are not significantly different.

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Definitions:

Call Option

An option contract granting the holder the privilege to buy an asset at a predetermined strike price until the expiration date.

Stock Price

The current price at which a share of a company is being traded on the stock market.

Exercise Price

Another term for strike price, specifically the price at which an option or warrant can be executed.

Put Option

An agreement allowing the owner the option, yet not the requirement, to sell a predetermined quantity of a foundational asset at an agreed price during a defined period.