How Many Tissues Should the Kimberly Clark Corporation Package of Kleenex

question 136

Multiple Choice

How many tissues should the Kimberly Clark Corporation package of Kleenex contain? Researchers determined that 60 tissues is the mean number of tissues used during a cold.Suppose a random sample of 100 Kleenex users yielded the following data on the number of tissues used during a cold: x̄ = 52,S = 22.Suppose the test statistic does fall in the rejection region at α = 0.05.Which of the following conclusion is correct?

• A)At α = 0.05,there is not sufficient evidence to conclude that the mean number of tissues used during a cold is 60 tissues.
• B)At α = 0.05,there is sufficient evidence to conclude that the mean number of tissues used during a cold is 60 tissues.
• C)At α = 0.05,there is insufficient evidence to conclude that the mean number of tissues used during a cold is not 60 tissues.
• D)At α = 0.10,there is sufficient evidence to conclude that the mean number of tissues used during a cold is not 60 tissues.

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Definitions:

Annual Interest Rate

The percentage of interest you earn or pay on an investment or loan over a year, not accounting for compounding.

Interest Receivable

An accounting term for interest income that has been earned but not yet received in cash.

Common Stock

Common stock represents ownership shares in a corporation, giving shareholders voting rights and a residual claim on the corporate earnings in the form of dividends.

Par

The face value of a security or bond, which is the amount paid back to the investor when the security or bond matures.