When a Computed Z Value (For a Test for Differences

question 54

Multiple Choice

When a computed z value (for a test for differences between two percentages) , 4.21, is larger than the standard z value, 1.96, then this amounts to:

• A) support for the null hypothesis; the two percentages are differen.t
• B) no support for the null hypothesis; the two percentages are NOT different.
• C) support for the null hypothesis; the two percentages are NOT different.
• D) no support for the null hypothesis; the two percentages are different.
• E) having to recalculate as the z value is not utilized for testing the differences between two percentages.

---

Definitions:

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, representing the wear and tear, deterioration, or obsolescence of the asset.

Commercial Substance

The aspect of a business transaction that causes a change in the cash flows or financial stability of the entities involved, indicating a genuine economic effect.

Exchange

A marketplace where securities, commodities, derivatives, or other financial instruments are traded.

Book Value

The net value of a company's assets minus its liabilities, often used to estimate the company's worth.