Formulate the Indicated Conclusion in Nontechnical Terms $\sigma$ = 147 Assuming That a Hypothesis Test of the Claim Has

question 6

Multiple Choice

Formulate the indicated conclusion in nontechnical terms. Be sure to address the original claim. The principal of a middle school claims that test scores of the seventh-graders at his school
Vary less than the test scores of the seventh-graders at a neighboring school, which have
Variation described by $\sigma$

= 14.7. Assuming that a hypothesis test of the claim has been
Conducted and that the conclusion is to reject the null hypothesis, state the conclusion in
Nontechnical terms.

• A)There is sufficient evidence to support the claim that the standard deviation is greater than 14.7.
• B)There is sufficient evidence to support the claim that the standard deviation is less than 14.7.
• C)There is not sufficient evidence to support the claim that the standard deviation is greater than 14.7.
• D)There is not sufficient evidence to support the claim that the standard deviation is less than 14.7.

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Definitions:

Comparable Companies

A valuation method that involves comparing a company's financial metrics to those of similar companies in the same industry.

Operating Strategies

Plans and actions implemented by a business to support its operational objectives and to enhance competitive advantage.

Property, Plant, And Equipment

Tangible long-term assets used in the operation of a business, such as buildings and machinery, not intended for resale.

Component Percentages

Financial analysis technique that represents each financial statement item as a percentage of a base figure for easier comparison.