Exhibit 12-7 You Want to Test Whether or Not the Following Sample

question 66

Multiple Choice

Exhibit 12-7
You want to test whether or not the following sample of 30 observations follows a normal distribution. The mean of the sample equals 11.83, and the standard deviation equals 4.53.
-Refer to Exhibit 12-7. The number of intervals or categories used to test the hypothesis for this problem is

• A)4
• B)5
• C)6
• D)10

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The negative financial result from a business’s operations or transactions when costs and expenses exceed revenues.

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