The Printout Below Refers to the Weekly Closing Stock Prices

question 68

Multiple Choice

The printout below refers to the weekly closing stock prices for Air Canada on 20 randomly
Selected weeks in 2000.
Using a 5% level of significance, can you say that the average Air Canada stock price was less than
$19) 50?

• A) Fail to reject the null hypothesis and conclude the mean stock price was $19.50.
• B) Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was lower than $19.50.
• C) Since the P-value is more than the selected alpha, reject the null hypothesis and conclude the mean stock price was less than $19.50.
• D) Since the P-value is less than the selected alpha, reject the null hypothesis and conclude the mean stock price was different from $19.50.

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Definitions:

Planning Budget

A financial plan that estimates the revenue and expenses for a specific period in the future, often used for setting financial goals.

Administrative Expenses

Overhead costs related to the general operation of a company, such as salaries of executive personnel, office supplies, and utilities.

Planning Budget

A budget designed for a specific level of activity, used for planning and control purposes.

Medical Supplies

Items and materials used in healthcare settings, including syringes, bandages, gloves, and medicines.