In Order to Determine Whether or Not There Is a Significant

question 14

Multiple Choice

In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies (of the same industry) , the following data have been accumulated. $$\begin{array} { l l l } & \text { Company A } & \text { Company B } \\\text { Sample size } & 80 & 60 \\\text { Sample mean } & \$ 16.75 & \$ 16.25 \\\text { Population standard deviation } &\$ 1.00 & \$ .95\end{array}$$ The p-value is

---

Definitions:

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event.

Contingency

An uncertain event or condition that can have a positive or negative impact on a company's financial position if it occurs.

Materialize

To become real or actual; in finance, it refers to the realization of expected results, risks, or events in tangible form.