If α = 05 and β =

question 18

Multiple Choice

If α = .05 and β = .90, what is the power?

• A) .05
• B) .10
• C) .90
• D) .95

---

Definitions:

Collection Delay

The period between when a company bills its customer and when it actually receives payment, impacting cash flow.

Average Daily Float

The average amount of uncollected funds in a company's checking account, representing checks written against and deposited in the account but not yet cleared.