A Researcher Computes a One-Sample Sign Test in Which the Number

question 55

Multiple Choice

A researcher computes a one-sample sign test in which the number of pluses is 8,the number of minuses is 2,and the number of scores equal to the median is 1.The test statistic (x) for the sign test is equal to

• A)1
• B)2
• C)8
• D)There is not enough information to answer this question.

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Definitions:

Required Rate Of Return

The rate that is generally based on the company’s cost of capital.

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding costs related to production.

Salvage Value

Salvage value is the estimated residual value of an asset at the end of its useful life.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since its acquisition, reflecting its loss in value over time.