The Following Output from MINITAB Presents the Results of a Hypothesis

question 31

Multiple Choice

The following output from MINITAB presents the results of a hypothesis test for a population mean $\mu$ .
Test of mu $= 45$ vs. not $= 45$
$\begin{array}{lrrccrl}\mathrm{N} & \text { Mean } & \text { StDev } & \text { SE Mean } & 95 \% \mathrm{CI} & \mathrm{T} & \mathrm{P} \\57 & 41.69 & 11.961865 & 1.584388 & (38.516105,44.863895) & -2.089135 & 0.0412\end{array}$

How many degrees of freedom are there?

• A) 58
• B) 45
• C) 56
• D) 57

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Definitions:

Carrying Value

Also known as the book value, it is the value of an asset on a company's balance sheet after accounting for depreciation, amortization, or impairment costs.

Accrued Interest

Interest that has been incurred but not yet paid, typically relating to bonds or loans.

Debt Restructuring Gain

A financial benefit realized by modifying the terms of debt agreements, usually resulting in a reduction in the obligated repayment amount or an extension of payment terms.

Extraordinary

Refers to gains or losses in a company's financial statements that are both unusual and infrequent in nature.