Use the Given Information to Find the P-Value $\text { With } H _ { 1 } : p \neq 2 / 3 \text {, the test statistic is } z = - 0.37$

question 135

Multiple Choice

Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis) .
- $\text { With } H _ { 1 } : p \neq 2 / 3 \text {, the test statistic is } z = - 0.37$

• A) 0.3557 fail to reject the null hypothesis
• B) 0.7114; reject the null hypothesis
• C) 0.7114; fail to reject the null hypothesis
• D) 0.3557; reject the null hypothesis

Develop competency in preparing balance sheets from adjusted trial balances.

Comprehend the impact of adjusting entries on financial statements, particularly on assets and equity.

Master the creation of adjusting journal entries for accrued expenses and prepaid expenses.

Gain insights into various accounting principles, including why adjustments are necessary for accurate financial reporting.

---

Definitions:

Duration

A measure of the sensitivity of the price of a bond or a fixed income portfolio to changes in interest rates.

Interest-Rate Risk

The possibility of incurring losses in investments as a result of variations in interest rates, especially impacting fixed-income securities.

Coupon

The interest rate paid by a bond, usually expressed as a percentage of the bond's face value.

Cash Flow Matching

A form of immunization, matching cash flows from a bond portfolio with those of an obligation.