A Sample of 41 Observations Yielded a Sample Standard Deviation $\sigma$

question 48

Multiple Choice

A sample of 41 observations yielded a sample standard deviation of 5. If we want to test H₀: $\sigma$ ² = 20, the test statistic is

• A)100
• B)10
• C)51.25
• D)50

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Definitions:

Classification

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Inherited Property

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Inventory

Goods and materials a business holds for the ultimate goal of resale or production.

Section 1231

This is a section of the U.S. Internal Revenue Code that provides favorable tax treatment for gains and losses on the sale or exchange of certain types of property used in a trade or business.