A Consumer Analyst Asks Participants to Rate the Comfort of the Ride

question 65

Multiple Choice

A consumer analyst asks participants to rate the comfort of the ride for two brands of all-terrain tires: Trail Cushion and Mud Handler.Trail Cushion was rated more comfortable with a mean of 5.5 than Mud Handler with a mean of 4.3.The Type II error would be to conclude that Trail Cushion was

• A) more comfortable than Mud Handler when a true difference in comfort exists.
• B) no more comfortable than Mud Handler when Trail Cushion is actually more comfortable.
• C) no more comfortable than Mud Handler when no difference in comfort exists.
• D) more comfortable than Mud Handler when the two tires are identical in comfort.

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Definitions:

Dishonors

Refers to the failure to fulfill an obligation, especially the failure of a bank to pay a check or note when presented.

Sufficient Funds

The necessary amount of money available to complete a transaction or meet financial obligations.

Liable

Being legally responsible or obligated to make amends for harm caused to another person or property.

Drawee

The party upon whom a check, draft, or other negotiable instrument is drawn and is expected to pay.