SCENARIO 10-5 To Test the Effectiveness of a Business School Preparation Course,8

question 72

Multiple Choice

SCENARIO 10-5
To test the effectiveness of a business school preparation course,8 students took a general business test before and after the course.The results are given below.

-Referring to Scenario 10-5,at the 0.05 level of significance,the decision for this hypothesis test would be:

• A)reject the null hypothesis.
• B)do not reject the null hypothesis.
• C)reject the alternative hypothesis.
• D)It cannot be determined from the information given.

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Definitions:

Fundamental Concept

Basic or essential principles that form the foundation of a particular field or discipline.

More Expensive

A term used to describe goods or services that have a higher price tag compared to other alternatives or previous prices.

Rational Decision Making

The process of making decisions based on logical reasoning, and often involves weighing the pros and cons or analyzing the costs and benefits.

Objective Decision Making

The process of making decisions based on factual information and logical analysis rather than personal feelings or bias.