An Internet Service Provider Is Interested in Testing to See

question 69

Multiple Choice

An Internet service provider is interested in testing to see if there is a difference in the mean weekly connect time for users who come into the service through a dial-up line,DSL,or cable Internet.To test this,the ISP has selected random samples from each category of user and recorded the connect time during a week period.The following data were collected: Assuming that the test is to be conducted at a 0.01 level of significance,what would the critical value be for this test?

• A)F = 1.93
• B)F = 3.555
• C)t = 2.8784
• D)F = 6.013

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Definitions:

Utility Function

A mathematical representation that assigns a value to every possible bundle of goods or services, with the value indicating the level of satisfaction or happiness that the consumer derives from that bundle.

Cow Feed

Refers to the food given to cows, which can include grass, grains, and nutritional supplements to ensure healthy growth and milk production.

Hay

Dried grass used primarily as animal fodder, especially for grazing animals like cows and horses.

Consumer Surplus

The gap between the price consumers are prepared to pay for a product or service and the actual amount they end up spending.