Use the Data Given Below to Answer the Following Question(s)

question 3

Multiple Choice

Use the data given below to answer the following question(s) .
In a lower one-tailed hypothesis test, chosen level of significance = 0.10, sample size = 55, and t- test statistic = -1.76.
-For a two-sample hypothesis which tests for differences in population parameters (1) and (2) , a two-tailed test seeks evidence that population parameter:

• A) seeks evidence that population parameter (2) is larger than parameter (1).
• B) seeks evidence that population parameter (2) is the same as parameter (1).
• C) seeks evidence that population parameter (2) is smaller than parameter (1).
• D) seeks evidence that population parameters (1) and (2) do not belong to the same data.

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Definitions:

Accounts Receivable Period

measures the average number of days it takes a company to collect payment after a sale has been made, indicating the efficiency of its credit policies.

Cost of Goods Sold

Represents the total cost directly tied to the production or acquisition of the goods sold by a company during a specific period.

Sales

The activities involved in selling goods or services in return for money or other compensation, serving as a primary revenue source for businesses.

Inventory

The raw materials, work-in-progress goods, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.