If We Are Testing the Hypothesis About the Mean of a Population

question 125

Multiple Choice

If we are testing the hypothesis about the mean of a population of paired differences with samples of n₁ = 8, n₂ = 8, the degrees of freedom for the t statistic is ________.

• A) 16
• B) 7
• C) 14
• D) 9

---

Definitions:

Capital Drawing

Withdrawals made by the owner(s) from the business for personal use, reducing the total capital invested in the business.

Journalize

The process of recording business transactions in the journal as part of the accounting cycle.

Transactions

Financial events that result in changes to the financial position of a company, such as sales, purchases, and payments.

Equipment

Long-term assets that are used in the production of goods and services; these are tangible in nature.