Computing a One-Sample T Test Is Appropriate When

question 43

Multiple Choice

Computing a one-sample t test is appropriate when

• A) participants are assigned to only one group.
• B) the population variance is unknown.
• C) participants are observed one time.
• D) all of these.

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Definitions:

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain it.

Marginal Efficiency

The additional benefit received from consuming or producing one more unit of a good or service.

Capital

Refers to any financial asset, including cash, equipment, and buildings, used in production of goods or services.

Investment Project

A project undertaken by a company or an individual in expectation of generating future financial returns.