To Compare the Effect of Weather on Sales of Soft

question 33

Multiple Choice

To compare the effect of weather on sales of soft drinks, a soda manufacturer sampled two regions
Of the country with the following results. Is there a difference in sales between the 2 regions?
i. Using the 1% level of significance, the critical value is ±2.58.
ii. The z-statistic is 3.40.
iii. Your decision is to reject the null hypothesis.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (ii) is a correct statement but not (i) and (iii).

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Definitions:

Securitization

The process of pooling various types of contractual debt like mortgages and selling them as bonds to investors.

Home Mortgages

A loan secured by the real property that is used to purchase the property itself.

Dollar Amount

A specific value or quantity of money expressed in the currency of the United States.

Investment Company

A corporation or trust engaged in the business of investing the pooled capital of investors in financial securities, including stocks, bonds, and money market instruments.