Using the Sign Test, with N = 15 and a =

question 64

Multiple Choice

Using the sign test, with N = 15 and a = 0.05 2-tail , if H 0 is true, the probability of making a type I error equals _________.

• A) 0.0042
• B) 0
• C) 0.05
• D) 0.0352
• E) none of these

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Definitions:

Cash Dividend

A cash dividend refers to the distribution of a portion of a company's profits to its shareholders as cash.

Common Stock

Equity shares that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Journalize

The act of recording financial transactions in a company's ledger.

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in the form of cash.