A Formal Hypothesis Test Is to Be Conducted Using the Claim

question 51

Multiple Choice

A formal hypothesis test is to be conducted using the claim that the mean body temperature is equal to $98.6 ^ { \circ } \mathrm { F }$
What is the null hypothesis and how is it denoted?

• A) \(H _ { 0 } : \mu = 98.6 ^ { \circ } \mathrm { F }\)
• B) \(H _ { 0 } : \mu \neq 98.6 ^ { \circ } \mathrm { F }\)
• C) \(H _ { 0 } : p = 98.6 ^ { \circ } \mathrm { F }\)
• D) \(H _ { 0 } : p < 98.6 ^ { \circ } \mathrm { F }\)

---

Definitions:

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold, like lease payments, wages, and coverage fees.

Selling Price

The amount for which a good or service is sold, determining the revenue generated from sales activities.

Variable Cost

Costs that change in proportion to the level of activity or volume of production in a business.

Fixed Costs

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance expenses.