A Small Business Owner Has Two Fast Food Restaurants

question 2

Multiple Choice

A small business owner has two fast food restaurants. The owner wants to determine if there is any difference in the variability of service times at the drive-thru window of each restaurant. A sample of size n = 9 is taken from each restaurant's drive-thru window. To perform a hypothesis test using the 0.05 level of significance the critical value is:

• A) 3.438
• B) 3.197
• C) 4.026
• D) 4.433

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Definitions:

Equity Securities

Financial instruments representing ownership interest in a company, such as stocks, which provide rights to dividends and capital gains.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net tangible assets.

Merger Transaction

A financial operation in which two or more companies combine to form a new entity or one company absorbs another.