Data Were Collected on Annual Personal Time (In Hours) Taken

question 19

Multiple Choice

Data were collected on annual personal time (in hours) taken by a random sample of 16 women and 20 men employed by a medium-sized company. The women took an average
Of 24.75 hours of personal time per year with a standard deviation of 2.84 hours. The men took an average of 20.5 hours of personal time per year with a standard deviation of 2.75 hours. If we use the pooled t-test to see if there is a difference between the two groups,the degrees of freedom for the appropriate t-statistic is

• A) 36
• B) 34
• C) 20
• D) 16
• E) None of the above.

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Definitions:

Diversification

Diversification is the strategy of entering into new markets or creating new products to spread risk and reduce dependence on a single source of income or success.

Command Economy

An economic system wherein the government or central authority makes all decisions regarding the production and distribution of goods and services.

Global South

A term referring to countries primarily located in the Southern Hemisphere, often focusing on regions in Africa, Latin America, Asia, and the Middle East, highlighting developmental and economic disparities.

Newly Industrialized Country

A term referring to countries that are undergoing rapid industrialization and showing signs of transitioning from developing to developed status.