Yahoo Purchased Tumblr for 1

question 10

Multiple Choice

Yahoo purchased Tumblr for 1.1 billion in 2013 but wrote off 80 percent of the investment by the middle of 2016.They considered this to be a poor

• A) expansion.
• B) divestiture.
• C) acquisition.
• D) cost savings.

---

Definitions:

Type I Error

The statistical error that occurs when a true null hypothesis is incorrectly rejected.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect in a given situation, used as a basis for testing.

Life Insurance

A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

Professional Men

Individuals who are males working within their expertise or occupation, often requiring specialized education and training.