Data Was Collected from CEOs of Companies Within Both the Low-Tech

question 57

Multiple Choice

Data was collected from CEOs of companies within both the low-tech industry and the consumer products industry. The following printout compares the mean return-to-pay ratios between CEOs
In the low-tech industry with CEOs in the consumer products industry. HYPOTHESIS: MEAN X = MEAN Y




Using the printout, which of the following assumptions is not necessary for the test to be valid?

• A)The population means are equal.
• B)The population variances are equal.
• C)The samples were randomly and independently selected.
• D)Both populations have approximately normal distributions.

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Definitions:

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Balance Sheet Expenditures

Balance sheet expenditures refer to the costs or expenses that are capitalized on the balance sheet rather than being expensed on the income statement, affecting assets and liabilities.

Plant Assets

Long-term tangible assets used in the operation of a business that are not intended for resale, such as machinery and buildings.

Loss on Disposal

The loss incurred when the selling price of an asset is less than its carrying amount at the time of disposal.