Consider the Following Hypothesis Problem. ​

question 2

Multiple Choice

Consider the following hypothesis problem. ​
N = 23
S² = 60
H₀: σ² ≤ 66
H_a: σ² > 66
​
The p-value is

• A) less than .025.
• B) between .025 and .05.
• C) between .05 and .10.
• D) greater than .10.

---

Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Bond

A bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.

Rule Of 70

The Rule of 70 is a calculation method used to estimate the number of years required for an investment or the economy's GDP to double, based on a constant annual growth rate.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a set period.