A Company Is Researching the Effectiveness of a New Website

question 4

Multiple Choice

A company is researching the effectiveness of a new website design to decrease the time to access a website. Five website users were randomly selected,and their times (in seconds) to access the website with the old and new designs were recorded. To compare the times,they computed new website design time − old website design time. The results are shown here. For a 0.01 significance level,what is the decision regarding the hypothesis that the training was effective in improving customer relationships?

• A)Reject the null hypothesis and conclude that the new design reduced the mean access times.
• B)Reject the null hypothesis and conclude that the new design did not reduce the mean access times.
• C)Fail to reject the null hypothesis.
• D)Fail to reject the null hypothesis and conclude that the mean access times are inaccurate.

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Definitions:

Capital

Refers to financial assets or the financial value of assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used in preparing financial statements.

Debits and Credits

Debits and credits are the fundamental components of accounting, representing increase or decrease in accounts to record transactions in double-entry bookkeeping.