Given the Following Null and Alternative Hypotheses H₀ : μ₁

question 104

Multiple Choice

Given the following null and alternative hypotheses H₀ : μ₁ - μ_{2 = 0}
H_A : μ₁ - μ_{2 ≠ 0}
Together with the following sample information
Test the null hypothesis and indicate whether the sample information leads you to reject or fail to reject the null hypothesis,assuming a significance level of 0.05 is to be used.Use the test statistic approach.

• A)Since 0.812 < 1.9698 reject H₀
• B)Since 1.041 < 1.9698 reject H₀
• C)Since 5.652 > 1.9698 reject H₀
• D)Since 4.418 > 1.9698 reject H₀

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Definitions:

Pension Fund

A pool of assets forming an investment plan that provides retirement income to employees.

Year

A period of time consisting of 365 days, or 366 in a leap year, used as a measure of time for calendars, age, and time intervals.

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Geometric Average Rate

The average compound return per period over a time span, useful for comparing different investments or portfolios.