Exhibit 5-1 The Following Represents the Probability Distribution for the Daily Demand

question 106

Multiple Choice

Exhibit 5-1
The following represents the probability distribution for the daily demand of computers at a local store.
-Refer to Exhibit 5-1. The probability of having a demand for at least two computers is

• A)0.7
• B)0.3
• C)0.4
• D)1.0

---

Definitions:

Directional Hypothesis

A hypothesis that outlines the anticipated direction of the difference or relationship.

Critical Value

A threshold in a statistical test that defines the boundary for deciding whether an observed statistic is extreme enough to reject the null hypothesis.

Alpha

A threshold value used in hypothesis testing to determine the significance level at which the null hypothesis is rejected in favor of the alternative hypothesis.

Non-directional Hypothesis

A hypothesis that does not predict the specific direction of the difference or relationship, only that one exists.