SCENARIO 10-9 The Following EXCEL Output Contains the Results of a Test

question 17

Multiple Choice

SCENARIO 10-9
The following EXCEL output contains the results of a test to determine whether the proportions of
satisfied customers at two resorts are the same or different.
10-32 Two-Sample Tests
-Referring to Scenario 10-9, if you want to test the claim that "Resort 1 (Group 1) has a lower
Proportion of satisfied customers compared to Resort 2 (Group 2) ", you will use

• A) a t-test for the difference between two proportions.
• B) a Z-test for the difference between two proportions.
• C) an F test for the difference between two proportions.
• D) an F test for the ratio of two variances.

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Definitions:

Return on Assets

A financial ratio that indicates how profitable a company is relative to its total assets, measuring how efficiently assets are used to generate profit.

Net Income

The amount of money a corporation earns post all deductions for taxes and expenditures from its income.

Total Assets

The sum of all assets owned by a company, including cash, investments, equipment, and property, as recorded on the balance sheet.

Accounts Receivable

Receivables from clients to a corporation for goods delivered or services rendered, pending payment.