Test Hypotheses Regarding the Difference of Two Independent Means
-What $\mathrm { H } _ { 0 }$

question 57

Multiple Choice

Test Hypotheses Regarding the Difference of Two Independent Means
-What is the $\mathrm { H } _ { 0 }$ for testing differences of the means of two independent samples?

• A) \(\mathrm { H } _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0\)
• B) \(\mathrm { H } _ { 0 } : \mu _ { 1 } \neq \mu _ { 2 }\)
• C) \(\mathrm { H } _ { 0 } : \mu _ { 1 } > \mu _ { 2 }\)
• D) \(\mathrm { H } _ { 0 } : \mu _ { 1 } < \mu _ { 2 }\)

---

Definitions:

Existing Customers

Individuals or entities that have previously purchased from a company, considered crucial for repeat business and loyalty building.

Sales Forecast

An estimation of the revenue a company expects to generate within a specific time frame, based on historical data, market analysis, and other factors.

Units

In business, refers to the individual items or a standardized measurement of quantity that can be counted to assess inventory, production, or sales.

Product

A good, idea, method, information, service, or object created as a result of a process and serves a need or satisfies a want.