A Large Software Company Gives Job Applicants a Test of Programming

question 86

Multiple Choice

A large software company gives job applicants a test of programming ability,and the mean for the test has been 160 in the past.Twenty-five applicants are randomly selected from one large university and they produce a mean score of 165,with a standard deviation of 13.At a significance level of 0.05,does this indicate that the sample comes from a population with a mean score greater than 160?

• A)Yes.With a P-value of 0.0024,we reject the null hypothesis of μ = 160.There is sufficient evidence that the population mean score is greater than 160.
• B)No.With a P-value of 0.0664,we fail to reject the null hypothesis of μ = 160.There is not sufficient evidence that the population mean score is greater than 160.
• C)No.With a P-value of 0.9336,we fail to reject the null hypothesis of μ = 160.There is not sufficient evidence that the population mean score is greater than 160.
• D)Yes.With a P-value of 0.0332,we reject the null hypothesis of μ = 160.There is sufficient evidence that the population mean score is greater than 160.
• E)No.With a P-value of 0.9668,we fail to reject the null hypothesis of μ = 160.There is not sufficient evidence that the population mean score is greater than 160.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.

Product Costs

Costs that are directly associated with the manufacture of goods, including materials, labor, and manufacturing overhead.

Financial Reporting

Financial reporting involves the disclosure of financial results and related information to various stakeholders about a company's financial health and performance.

Merchandising Company

A business that purchases finished goods for resale to generate revenue, such as retailers.