In Testing $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0 \text { versus } H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } \neq 0$

question 38

Multiple Choice

In testing $H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0 \text { versus } H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } \neq 0$ the computed value of the test statistic is z = 1.98. The P-value for this two-tailed test is then

• A) .4761
• B) .0478
• C) .0239
• D) .2381
• E) .2619

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Definitions:

Capital Balances

The amount of money that owners have invested in a business, reflected in the equity section of the balance sheet.

Partners' Capital Statement

A financial statement that shows the changes in the account balances of each partner's equity in a partnership over a period.

Net Income

A company's finalized earnings after all financial obligations, including taxes, have been removed from total income.

Income Sharing

A strategy where an organization's profits are distributed among its employees or other stakeholders.