Null Hypotheses Are Employed to

question 53

Multiple Choice

Null hypotheses are employed to

• A) prove there is a relationship between the variables of the study.
• B) prove there is no relationship between the variables.
• C) investigate why there is no relationship when one is expected.
• D) compare findings of a study with what would be expected by chance.

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Definitions:

Raw Materials Inventory

Items and supplies held in stock that are used in the manufacturing process to create finished goods.

Materials Quantity Variance

This variance measures the difference between the actual quantity of material used in production and the standard quantity allowed, multiplied by the standard cost per unit of material.

Direct Labor Costs

Expenses related to employees who directly produce a product or provide a service, such as wages for assembly line workers.

Work in Process Inventory

Inventory that includes materials and labor that are currently in the production process but not yet completed.