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:

Medium Of Exchange

An intermediary instrument, such as currency or digital tokens, used to facilitate the sale, purchase, or trade of goods and services between parties.

Small CDs

Compact discs used for storing digital data, typically with smaller capacity than standard CDs, used for various types of media or data storage.

Large CDs

Certificates of Deposit (CDs) that are categorized by their large denomination, typically used by institutional investors.

Federal Deposit Insurance

Federal deposit insurance is a protection scheme that guarantees bank deposits, protecting depositors against bank failures by covering the loss of deposits up to a specified limit.