A Researcher Compares the Height of Male Executives in the United

question 30

Multiple Choice

A researcher compares the height of male executives in the United States to the average height of males ( $\mu$ = 67 in.) .He determines that the average height of male executives is 70 in.(95% confidence interval [CI] 68-72) .Based on this result,what would the decision have been for a hypothesis test?

• A) reject the null hypothesis
• B) retain the null hypothesis
• C) there is not enough information to answer this question

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Definitions:

Contemporary Organisations

Modern entities that are characterized by their adaptive strategies, innovative approaches, and responsiveness to changes.

Operating Environment

The external conditions and factors that affect an organization’s operations, including economic, regulatory, technological, and demographic influences.

Above-average Returns

Financial gains that exceed the benchmark or average returns in a given market or industry.

Excessive Profits

Earnings that significantly exceed the norm for a industry or market, often viewed critically in terms of business ethics or competition fairness.