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Suppose that the study in problem #2 was performed with a random sample ofn = 200 children, and 50 of the children remembered where to look for the object inthe setting that was away from home.
a) Describe the shape, center, and spread of the sampling distribution of if the nullhypothesis Hpo : = 0.35 were true.
b) Is there convincing evidence that the null hypothesis is not true, or is consistentwith what you would expect to see if the null hypothesis were true?
Carry out ahypothesis test to answer this question.
Accounts Receivable Turnover
A financial ratio indicating how many times a company's accounts receivable are collected during a period, reflecting the efficiency of credit policies and collection efforts.
Financial Information
Data and facts related to the monetary performance and position of an entity, including revenues, expenses, assets, and liabilities.
Debt Ratio
A financial ratio that measures the proportion of a company's total debt to its total assets.
Balance Sheet
A report showing a firm's holdings, debts, and owner's equity on a certain date.
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