The Dean of a Major University Claims That the Mean $\mu \leq 4.4$

question 73

Multiple Choice

The dean of a major university claims that the mean number of hours students study at her University (perday) is at most 4.4 hours. If a hypothesis test is performed, how should you interpret a decision that fails toreject the null hypothesis?

• A) There is not sufficient evidence to reject the claim \(\mu \leq 4.4\).
• B) There is sufficient evidence to reject the claim \(\mu \leq 4.4\).
• C) There is sufficient evidence to support the claim \(\mu \leq 4.4\).
• D) There is not sufficient evidence to support the claim \(\mu \leq 4.4\).

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Definitions:

End-of-period Spreadsheet

A financial document summarizing a company's financial data at the end of an accounting period, including assets, liabilities, and equity.

Income Statement

The income statement is a financial document that shows a company's revenues, expenses, and net income over a specific period.

Statement of Owner's Equity

A financial statement that outlines the changes in the equity of a company or individual over a specific period, detailing contributions, withdrawals, and the overall profit or loss.

End-of-period Spreadsheet

A tool used in accounting to compile all account balances and adjustments at the end of a period in order to prepare financial statements.