TABLE 10-10 the Following EXCEL Output Contains the Results of a of a Test

question 177

Multiple Choice

TABLE 10-10
The following EXCEL output contains the results of a test to determine if the proportions of satisfied guests at two resorts are the same or different.

-Referring to Table 10-10, if you want to test the claim that "Resort 1 (Group 1) has a lower proportion of satisfied guests compared to Resort 2 (Group 2) ," you will use

• A) an F test for the difference between two proportions.
• B) a Z-test for the difference between two proportions.
• C) a t-test for the difference between two proportions.
• D) a ?² test for the difference between two proportions.

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Definitions:

Tax Shield Approach

A financial strategy that utilizes deductible expenses, like interest, to reduce a company's taxable income, thereby lowering its tax liability.

Operating Cash Flow

The cash generated from a company's normal business operations, indicating its ability to generate positive cash flow.

CCA Class

A classification system used in Canadian tax law for capital cost allowance, determining the depreciation rate for tax purposes of tangible capital assets.

Marginal Tax Rate

The rate at which an additional dollar of income would be taxed, reflecting the rate applied to the last dollar earned.