TABLE 10-9 The Following Excel Output Contains the Results of a Test

question 189

Multiple Choice

TABLE 10-9
The following Excel output contains the results of a test to determine whether the proportions of satisfied customers at two resorts are the same or different.

-Referring to Table 10-9, if you want to test the claim that "Resort 1 (Group 1) has a higher proportion of satisfied customers compared to Resort 2 (Group 2) ", the p-value of the test will be

• A) 0.007272.
• B) 0.00727/2.
• C) 2 * (0.00727).
• D) 1 - (0.00727/2).

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Definitions:

Indirect Method

A cash flow statement preparation approach that adjusts net income for non-cash transactions and changes in working capital to calculate operating cash flow.

Comparative Balance Sheet

A financial statement that presents a company's assets, liabilities, and equity at two or more points in time, allowing for comparison and trend analysis.

Operating Activities

Operating activities include the primary revenue-generating activities of a business, as well as other activities that are not investing or financing activities, reflecting the company's core operations cash flow.

Comparative Balance Sheet

A financial statement that provides a snapshot of a company's assets, liabilities, and equity at two or more points in time for comparison.