In Testing the Hypotheses $$H _ { 0 } : \mu = 76.5$$

question 75

Short Answer

In testing the hypotheses: $$H _ { 0 } : \mu = 76.5$$ $H _ { 1 } : \mu > 76.5$ , suppose the p-value is 0.03. Which of the following is correct? $\begin{array}{|l|l|}\hline A&\text {Reject \( \mathrm{Ho} \) at the \( 1 \% \) level of significance. }\\\hline B&\text { Retain Ho at the \( 5 \% \) level of significance.}\\\hline C&\text {Retain \( \mathrm{Ho} \) at the \( 1 \% \) level of significance. }\\\hline D&\text { Reject Ho at all levels of significance.}\\\hline\end{array}$

Apply the rules of debit and credit to various accounting transactions.

Calculate the ending balances of accounts using transaction information.

Understand the structure and purpose of a ledger and how it reflects business transactions.

Explain the difference between expenses and withdrawals.