You Are to Test the Following Hypotheses: H₀: µ > $\alpha$

question 32

Multiple Choice

You are to test the following hypotheses: H₀: µ > 900
H_a: µ < 900
A sample of size 16 produces a sample mean of 882, with a standard deviation of 40.The p-value for this test is .0460.If the significance level set for the test is .01, we should

• A)Reject the null hypothesis since \(\alpha\) < p-value.
• B)Reject the null hypothesis since p-value < \(\alpha\).
• C)not Reject the null hypothesis since p-value > \(\alpha\).
• D)not Reject the null hypothesis since \(\alpha\) > p-value
• E)Accept the null hypothesis since p-value <\(\alpha\)

Determine the discounted payback period for projects with different cash flows.

Analyze and compare mutually exclusive projects to decide which project to accept based on the required rate of return.

Understand the concept of average accounting return and its calculation.

Comprehend and apply straight-line depreciation in the calculation of net income and project returns.

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