You Are Evaluating Investing in a Cognitive Training Company

question 24

Multiple Choice

You are evaluating investing in a cognitive training company.For this reason,you want to determine whether users who complete at least 75% of the recommended daily training for two months show improved levels of reading comprehension and problem solving skills.You select a random sample of new users and get test scores for each participant in the sample.The test score is a composite of reading comprehension and problem solving skills.Two months later,you randomly select 15 users who have completed 75% or more of the recommended training for the last two months and have them take a test similar to the initial test.You are interested in determining whether the average test score before training is different than the average test score after training for this sample.The after-training average is 92.8,which is 2.7 points higher than the before-training average.The sample standard deviations of the differences is 1.2.You can assume that the differences are normally distributed in the population.The observed t value for this test is ______.

• A) 7.26
• B) 8.71
• C) 9.55
• D) 9.81
• E) 33.75

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Definitions:

Production Costs

The total expenses incurred in the process of making or manufacturing goods, including materials, labor, and overhead costs.