A Student Is Trying to Decide If It Is Cheaper

question 22

Multiple Choice

A student is trying to decide if it is cheaper to order blank CDs over the Internet or to buy them at local electronics stores.Listed below are the prices (in dollars) quoted for boxes of 200 blank CDs from various manufacturers. $$\begin{array} { c c } \ \text { Internet } & \text { Local Electronics Stores } \\26.00& 33.98 \\27.99& 37.75 \\31.50 & 38.99 \\32.75 & 35.79 \\27.00 & 33.99 \\27.98 & 34.79 \\24.75 & 29.98 \\28.15& 33.00 \\29.99 & 32.00\\29.99\end{array}$$
Set up the alternative hypothesis for the claim that buying over the Internet (I) is cheaper than buying from the local electronics stores (E) .

• A)H_A: D_I is shifted to the right of D_E.
• B)H_A: D_I is shifted to the left or right of D_E.
• C)H_A: D_I is shifted to the left of D_E.
• D)H_A: D_I is identical to D_E.

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Definitions:

Debits

Entries on the left side of an accounting ledger, representing increases in assets or expenses and decreases in liabilities or equity.

Equipment

Tangible property used in the operations of a business, often contributing to the production of goods and services, and generally considered a long-term asset.

Cash

Currency and coins, along with bank balances, checks, and money orders, that are readily available for use.

Expense Account

An account that tracks money spent or costs incurred in an organization's efforts to generate revenue, representing the cost of doing business.