Elwin Osbourne, CIO at GFS, Inc

question 25

Multiple Choice

Elwin Osbourne, CIO at GFS, Inc., suspects that at least 25% of e-mail messages sent by GFS employees are not business related.A random sample of 300 e-mail messages was selected to test this hypothesis at the 0.01 level of significance.Fifty-four of the messages were not business related.The appropriate decision is to _______.

• A)increase the sample size
• B)gather more data
• C)reject the null hypothesis
• D)fail to reject the null hypothesis
• E)maintain status quo

---

Definitions:

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade and finance operations.

Foreign Subsidiary

A company that is owned or controlled by another company, located in a country different from the parent company.

Sales

The total revenue earned from goods sold or services provided over a certain period of time.

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade and economics.