A Group of 200 Students Takes the Kaplan Course in Hopes

question 157

Multiple Choice

A group of 200 students takes the Kaplan course in hopes that it will improve their SAT scores above the national mean of 500 on the math section.The population standard deviation of the SAT is known to be 100.Use an alpha level of .05 when answering the following questions.What is the alternative hypothesis?

• A)H₁: ì 500
• B)H₁: ì < 500
• C)H₁: ì > 500
• D)H₁: ì = 500

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Definitions:

Operating Activities

Activities that relate directly to the primary business operations of a company, such as selling goods and services, which are reflected in the cash flow statement.

Cash Dividends

Payments made by a corporation to its shareholders from earnings, usually on a quarterly basis, representing a portion of the corporate profits.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Direct Method

A cash flow statement preparation method that reports major classes of gross cash receipts and payments. This method is one of two standards for creating the statement of cash flows.