Choose the Statement That Describes a Situation Where a Confidence

question 12

Multiple Choice

Choose the statement that describes a situation where a confidence interval and a hypothesis test will yield the same results.

• A)Both (c) and (d) below.
• B)Neither (c) nor (d).The confidence interval cannot yield results that are the same as the hypothesis test.
• C)When the null hypothesis contains a population parameter that is equal to zero.
• D)When the alternative hypothesis is two-tailed.

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Definitions:

Merchandise

Goods bought and sold in the course of business operations.

Periodic Inventory System

An accounting system that records inventory purchases during the accounting period but waits until the end of the period to adjust the inventory balances and record cost of goods sold.

Gross Method

An accounting practice for recording the full invoice amount of a sale without deducting any discounts offered.

Merchandise Return

The process by which a customer returns previously purchased merchandise back to the seller, often due to defects or dissatisfaction.