Golf Course Designer Roberto Langabeer Is Evaluating Two Sites, Palmetto $\sigma$

question 36

Multiple Choice

Golf course designer Roberto Langabeer is evaluating two sites, Palmetto Dunes and Ocean Greens, for his next golf course. He wants to prove that Palmetto Dunes residents (population 1) play golf more often than Ocean Greens residents (population 2) . Roberto commissions a market survey to test this hypothesis. The market researcher used a random sample of 64 individuals from each suburb, and reported the following: ₁ = 15 times per month and
₂ = 14 times per month. Assume that $\sigma$ ₁ = 2 and $\sigma$ ₂ = 3. With $\alpha$ =.01, the critical z value is ___.

• A) -1.96
• B) 1.96
• C) -2.33
• D) -1.33
• E) 2.33

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Definitions:

Volume Variance

The difference between actual and budgeted sales volumes, impacting the expected revenue or costs.

Actual Fixed Manufacturing Overhead

The real, incurred fixed costs associated with the production process, excluding variable costs, within a specific timeframe.

Standard Machine-Hours

A predetermined measure of the amount of machine time required to complete a task or produce a unit of product in an efficient, standardized environment.

Variable Overhead Rate

A rate used to allocate variable overhead costs to products or services, which fluctuates with changes in production or activity level.