Researchers Determined That 60 Puffs Tissues Is the Average Number

question 9

Multiple Choice

Researchers determined that 60 Puffs tissues is the average number of tissues used during a cold. Suppose a random sample of 100 Puffs users yielded the following data on the number of tissues used during a cold: = 52 and s = 22. Suppose the alternative we wanted to test was H ₁: m a = 0.05 is:

• A)reject H ₀ if t > 1.6604.
• B)reject H ₀ if t - 1.6604.
• C)reject H ₀ if t > 1.9842 or Z - 1.9842.
• D)reject H ₀ if t - 1.9842.

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Definitions:

Accounting Rate

Often refers to the accounting rate of return (ARR), a financial ratio used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Investment Allowance

A tax benefit that allows businesses to deduct a percentage of certain capital expenditures from their taxable income.

Tax Deduction

Expenses subtracted from gross income to determine taxable income, which can reduce the amount of tax owed.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, reflecting the present value of all future cash flows minus initial investments.