Suppose You Are Testing the Null Hypothesis That a Population $\alpha$

question 82

Multiple Choice

Suppose you are testing the null hypothesis that a population mean is greater than or equal to 60, against the alternative hypothesis that the population mean is less than 60.The sample size is 64 and $\alpha$ = .05.If the sample mean is 58 and the population standard deviation is 16, the observed z value is _______.

• A)-1
• B)1
• C)-8
• D)8
• E)58

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Definitions:

Internal Rate of Return Method

A capital budgeting technique used to evaluate and compare the profitability of investments, calculating the interest rate at which the net present value of costs equals the net present value of benefits.

Capital Rationing

The process of selecting the most profitable projects to invest in when a company has a limited amount of capital.

Capital Outlay

Expenditures for acquiring fixed assets or adding to the value of an existing fixed asset with a useful life extending beyond the taxable year.

Cash Inflows

The total amount of money coming into a company from its operational, investing, and financial activities over a period.