In a One-Sample Z-Test,the Term "Statistically Significant Difference" Tells You

question 31

Multiple Choice

In a one-sample z-test,the term "statistically significant difference" tells you _____.

• A)your sample mean differs from the hypothesized value by more than would be expected from sampling error alone
• B)the difference between your sample mean and the hypothesized value is large and meaningful in the "real world"
• C)there is a non-zero correlation coefficient between your independent and dependent variables
• D)all of these

---

Definitions:

Bank Reconciliation

Bank reconciliation is the process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement, aiming to identify discrepancies and ensure the accuracy of financial records.

Reconciled Cash Balance

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement, to ensure accuracy.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are consistent.

Bank Service Charge

Fees charged by a bank to a customer for account services provided.