TABLE 10-5 To Test the Effectiveness of a Business School Preparation Course

question 6

Essay

TABLE 10-5
To test the effectiveness of a business school preparation course, 8 students took a general business test before and after the course. The results are given below.
Exam Score Exam Score
Student Before Course (1) After Course (2)
1 530 670
2 690 770
3 910 1,000
4 700 710
5 450 550
6 820 870
7 820 770
8 630 610
-Referring to Table 10-5, the p-value of the test statistic is ________.

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Definitions:

Payroll Tax Expense

Payroll Tax Expense represents the taxes that an employer is liable to pay based on the wages and salaries of employees, including social security, Medicare, and unemployment taxes.

Employer's Payroll Taxes

Taxes that employers are responsible for paying on behalf of their employees, including Social Security, Medicare, and unemployment taxes.

Payroll Register

A detailed document that records the earnings, deductions, and net pay for all employees for each pay period.

Gross Payroll

The total amount of money paid by an employer to its employees before deductions such as taxes, retirement contributions, and health insurance.