Golf Course Designer Roberto Langabeer Is Evaluating Two Sites,Palmetto Dunes $\sigma$

question 40

Multiple Choice

Golf course designer Roberto Langabeer is evaluating two sites,Palmetto Dunes and Ocean Greens,for his next golf course. He wants to prove that Palmetto Dunes residents (population 1) play golf more often than Ocean Greens residents (population 2) . Roberto commissions a market survey to test this hypothesis.The market researcher used a random sample of 64 individuals from each suburb,and reported the following: ₁ = 16 times per month and ₂ = 14 times per month.Assume that $\sigma$ ₁ = 4 and $\sigma$ ₂ = 3.With $\alpha$ = .01,the observed z value is _________________.

• A) 18.29
• B) 6.05
• C) 5.12
• D) 3.40
• E) 3.20

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Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its identifiable net assets, reflecting aspects like brand reputation, customer relations, and patents.

Business Combination

A merger or acquisition in which an acquirer purchases the assets or shares of another business.

Future Cash Flows

Future cash flows refer to the projected flows of cash into and out of a company or project, vital for assessing its financial health and potential for growth or sustainability.

Value In Use

The present value of the future cash flows expected to be derived from an asset or cash-generating unit.