A Large Software Development Firm Recently Relocated Its Facilities

question 7

Multiple Choice

A large software development firm recently relocated its facilities.Top management is interested in fostering good relations with their new local community and has encouraged their professional employees to engage in local service activities.They believe that the firm's professionals volunteer an average of more than 15 hours per month.If this is not the case, they will institute an incentive program to increase community involvement.A random sample of 24 professionals yields a mean of 16.6 hours and a standard deviation of 2.22 hours.The correct value of the test statistic for the appropriate hypothesis test is ________________________ .

• A)t = 3.532
• B)t = -3.532
• C)t = 1.223
• D)t = -1.223
• E)t = 0.789

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Definitions:

ABA Number

A fraction appearing in the upper-right corner of all printed checks that identifies the geographic area and specific bank on which the check is drawn.

Pay to the Order

A financial instruction found on a check, directing the bank to pay a specified amount to the individual or entity named.

Certified Check

A type of check for which the issuing bank guarantees the availability of funds by verifying the drawer's signature and setting aside the check amount from the drawer's account.

Statement of Income and Expense

A financial document that summarizes revenue and expenses over a specific period, showing net profit or loss.