Which of the Following Would Not Be Considered a Good

question 127

Multiple Choice

Which of the following would not be considered a good managerial tool in making a decision for determining a capital investment?

• A) evaluating further assets that are dissimilar in nature or have different useful lives
• B) using only quantitative measures to evaluate asset purchases
• C) analyzing lease versus purchase option
• D) considering income tax ramifications

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Definitions:

P-value

The probability of observing a test statistic as extreme as, or more extreme than, the value observed, under the assumption that the null hypothesis is true.

Test Statistic

A value calculated from sample data that is used to make decisions about a population parameter in hypothesis testing.

Kruskal-Wallis Test

A statistical test that doesn't rely on parameter assumptions to evaluate if notable differences exist between two or more independent variable groups, focusing on a continuous or ordinal dependent variable.

Distribution

The spread of values of a variable or the frequencies of occurrence of different possible outcomes in a dataset.