Provide an Appropriate Response $\alpha = 0.05$ $\begin{array}{l|lllll}\text { Clothing } & 315 & 400 & 405 & 310 & 390 \\\hline \text { Entertainment } & 400 & 470 & 495 & 430 & 480\end{array}$

question 21

Multiple Choice

Provide an appropriate response.
-The table below lists the amounts (in dollars) spent on clothing and entertainment over the last year by 10 adults selected at random. Find the critical values to test the hypothesis of no correlation between spending in these two areas. Use $\alpha = 0.05$ .
$\begin{array}{l|lllll}\text { Clothing } & 315 & 400 & 405 & 310 & 390 \\\hline \text { Entertainment } & 400 & 470 & 495 & 430 & 480\end{array}$

$\begin{array}{l|lllll}\text { Clothing } & 420 & 320 & 370 & 440 & 330 \\\hline \text { Entertainment } & 445 & 530 & 450 & 320 & 330\end{array}$

• A) \(\pm 0.648\)
• B) \(\pm 0.564\)
• C) \(\pm 0.794\)
• D) \(\pm 0.745\)

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Definitions:

Interest Revenue

Income earned by an entity from lending money or making investments that bear interest.

Reportable Segments

These are components of a business where separate financial information is available and is reviewed regularly by the operating decision maker for the purpose of resource allocation and performance assessment.

Operating Profit

Earnings before interest and taxes (EBIT), an indicator of a company's profitability from its core operations excluding financing costs and taxes.

Segment Assets

These are the specific assets that are attributed to a company's business segment, helping to analyze performance by division.