Find the Critical Value or Values Of $\chi ^ { 2 }$

question 1

Multiple Choice

Find the critical value or values of $\chi ^ { 2 }$ based on the given information.
$H _ { 1 } : \sigma < 0.14$
n=23
$\alpha = 0.10$

• A) 14.848
• B) 30.813
• C) -30.813
• D) 14.042

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Definitions:

Loans

Loans refer to borrowed money that must be repaid with interest by the borrower to the lender, used typically for personal, business, or education purposes.

Allowance for Doubtful Accounts

A contra-asset account that reduces total accounts receivable to reflect the estimated amount of credit sales that may not be collected.

Credit Balance

A positive balance within an account, indicating that a company or individual has received more in deposits than it has spent.

Credit Sales

Sales made by a business that do not require immediate payment, but rather are paid for by the buyer at a later date.