A Project Has an Initial Cost of $27,400 and a Market

question 69

Multiple Choice

A project has an initial cost of $27,400 and a market value of $32,600.What is the difference between these two values called?

• A)net present value
• B)internal return
• C)payback value
• D)profitability index
• E)discounted payback

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Definitions:

Two-tail Tests

Hypothesis tests that consider extreme values in both tails of the distribution to evaluate the likelihood of observing a relationship by chance in either direction.

Likert Scale

A psychometric scale commonly used in questionnaires to represent people's attitudes, opinions, or perceptions, where responses range from one extreme to another.

Service Quality

The assessment of how well a delivered service conforms to the customer's expectations.

Significance Level

The threshold at which the results of statistical analysis are considered to indicate a statistically significant difference from the null hypothesis.