If the Probability of F Is Greater Than the Significance

question 47

Multiple Choice

If the probability of F is greater than the significance level α,________ and ________ should be used.

• A) H₀ is rejected; t based on "equal variances not assumed"
• B) H₀ is not rejected; t based on "equal variances assumed"
• C) H₀ is rejected; t based on "equal variances assumed"
• D) H₀ is not rejected; t based on "equal variances not assumed"

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Definitions:

Profit Center

A business unit or department which is treated as a separate entity for the purpose of calculating its profitability.

Cost Center

A segment within an organization that is responsible for incurring costs, without directly contributing to the company’s income.

Sales Journal

A record of sales transactions where credit sales are recorded.

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.