Exhibit 19-4 A Company Advertises That Food Preparation Time Can Be Significantly

question 35

Multiple Choice

Exhibit 19-4
A company advertises that food preparation time can be significantly reduced with the Handy Dandy Slicer. A sample of 12 individuals prepared the ingredients for a meal with and without the slicer. You are given the preparation times below.
-Refer to Exhibit 19-4. The null hypothesis should

• A)be rejected
• B)not be rejected
• C)be revised
• D)None of these alternatives is correct.

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Definitions:

Budget Constraint

A financial limitation representing the combination of goods and services that a consumer can afford with their available budget.

DVD

A type of disc storage format that can store any kind of digital data and is used for software and other computer files as well as video programs watched using DVD players.

Budget Constraint

The limitations on the consumption choices of an individual or household given their income and the prices of goods and services.

DVD

A digital versatile disc (DVD) is a type of optical storage media used for video, audio, and data storage.