Which of the Following Is a NOT a Property of the T

question 103

Multiple Choice

Which of the following is a NOT a property of the t distribution?

• A)For degrees of freedom less than 5, the normal distribution closely approximates the t distribution.
• B)It has a center of 0.
• C)It tends to be wider and flatter than the normal distribution.
• D)all of the above
• E)none of the above; they are all t distribution properties.

---

Definitions:

Break-even Sales

The amount of revenue from sales needed to cover all of a company’s operating expenses, resulting in neither profit nor loss.

Unit Variable Costs

The costs that vary directly with the production volume, including materials and labor, on a per unit basis.

Break-even Point

The point at which total revenues equal total costs, resulting in no profit or loss.

Break-even Sales

The amount of sales revenue needed to cover all fixed and variable costs, leading to a situation where there is no profit or loss.