In a Market Test of a New Chocolate Raspberry Coffee,a

question 71

Multiple Choice

In a market test of a new chocolate raspberry coffee,a poll of 400 people from Dobbs Ferry showed 250 preferred the new coffee.In Irvington,170 out of 350 people preferred the new coffee.To test the hypothesis that there is no difference in preferences between the two villages,what is the alternate hypothesis?

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Revenue Accounts

Accounts used in accounting to record the company's income from its operations or activities.

Expense Accounts

Expense accounts track the costs incurred by a business in the course of its operations, such as utilities, rent, and payroll.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used in the preparation of financial statements.

Closing Entry

An accounting procedure used to transfer balances from temporary accounts to permanent ones at the end of an accounting period, thereby preparing the temporary accounts for the next period.