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:

Goodwill

An intangible asset that arises when a buyer acquires an existing business and pays a price higher than the fair value of the identifiable tangible and intangible assets.

Merger Transaction

A corporate action where two or more companies are consolidated into one entity, often to enhance competitiveness or grow market share.

Accounts Payable

Liabilities owed by a company to creditors or suppliers for goods and services received but not yet paid for.

Operating Activities

Activities directly related to the day-to-day operations of a business, including the production, sales, and delivery of the company's product and services.