Investigators at an Agricultural Research Facility Randomly Assigned Equal Numbers $\mathrm { H } _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$

question 71

Multiple Choice

Investigators at an agricultural research facility randomly assigned equal numbers of chickens to be housed in two rooms. In one room, the chickens experienced normal day/night cycles, while in the other room lights were left on 24 hours a day to see if those chickens would lay more eggs. After collecting data for several days the researchers tested the hypothesis $\mathrm { H } _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0$ against the one-tail alternative and found $P = 0.22$ . Which is true?

• A) none of these
• B) The chickens in the lighted room averaged 0.22 more eggs per day
• C) There's a 22% chance another experiment will give these same results.
• D) There's a 22% chance that chickens housed in a lighted room produce more eggs.
• E) There's a 22% chance that there's really no difference in egg production.

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Definitions:

Non-Controlling Interest

The portion of equity in a subsidiary not owned directly or indirectly by the parent company.

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A valuation method where a business is valued based on the present value of its projected future earnings or cash flows, adjusted to their market value.

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A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries as if they were a single entity.

Fair Value Enterprise Method

An approach to valuation that estimates the price at which an entire business would exchange between knowledgeable and willing parties.