The Table T Value Associated with the Upper 5% of the T

question 49

Multiple Choice

The table t value associated with the upper 5% of the t distribution and 14 degrees of freedom is ___.

• A)2.977
• B)2.624
• C)2.145
• D)1.761

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Definitions:

Credits

Credits are accounting entries that increase liabilities or equity accounts, or decrease asset or expense accounts.

Trial Balance

A list of all general ledger accounts and their balances at a particular time, ensuring that debits equal credits in the double-entry accounting system.

Normal Balances

The side (debit or credit) of an account that is expected to have a higher balance given the account type's role in accounting.