How Many Tissues Should the Kimberly Clark Corporation Package of Kleenex

question 74

Multiple Choice

How many tissues should the Kimberly Clark Corporation package of Kleenex contain? Researchers determined that 60 tissues is the mean number of tissues used during a cold. Suppose a random sample of 100 Kleenex users yielded the following data on the number of tissues used during a cold: Suppose the test statistic does fall in the rejection region at = 0.05.Which of the following conclusion is correct?

• A)At = 0.05, there is not sufficient evidence to conclude that the mean number of tissues used during a cold is 60 tissues.
• B)At = 0.05, there is sufficient evidence to conclude that the mean number of tissues used during a cold is 60 tissues.
• C)At = 0.05, there is insufficient evidence to conclude that the mean number of tissues used during a cold is not 60 tissues.
• D)At = 0.10, there is sufficient evidence to conclude that the mean number of tissues used during a cold is not 60 tissues.

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Definitions:

Assets

Resources owned or controlled by a business from which future economic benefits are expected.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Depreciation

A method of allocating the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Market Value

The existing cost for acquiring or selling an asset or service in the unrestricted market.