The Next Questions Are Based on the Following Information

question 62

Multiple Choice

The Next Questions Are Based On The Following Information:
A small community college claims that their average class size is equal to 35 students.This claim is being tested with a level of significance equal to 0.02 using the following sample of class sizes: 42,28,36,47,35,41,33,30,39,and 48.Assume class sizes are normally distributed.
-Which of the following conclusions can be drawn?

• A)Since the test statistics equals 1.58,reject the null hypothesis and conclude that class size does not equal 35 students.
• B)Since the test statistics equals 1.36,fail to reject the null hypothesis and conclude that there's insufficient evidence to conclude that class size does not equal 35 students.
• C)Since the test statistics equals 2.05,reject the null hypothesis and conclude that class size does not equal 35 students.
• D)Since the test statistics equals 2.26,fail to reject the null hypothesis and conclude that class size does equal 35 students.

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Definitions:

New Buy

A transaction situation characterized by a consumer purchasing a product or service for the first time, which involves a higher level of decision-making and risk.

B2B Buying Situation

The context or scenario surrounding a purchase decision made by a business from another business, including factors such as urgency, budget, and specifications.

New Buy

A situation where a customer purchases a product or service for the first time, usually involving more decision-making efforts and information search.

Organizational Culture

The shared values, norms, and practices that dictate how people interact and work together within an organization.