Given the Following Values: = 6

question 8

Multiple Choice

Given the following values: = 6.0,M = 7.6,n = 36, = 6,conduct a one-sample z test at a .05 level of significance.For a one-tailed test,upper-tail critical,what is the decision?

• A)to reject the null hypothesis
• B)to retain the null hypothesis
• C)There is not enough information since the sample size is not given.

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Definitions:

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, calculated as (Cash + Marketable Securities + Receivables) / Current Liabilities.

Increased

This term denotes a situation or quantity that has become larger or greater in size, amount, number, or degree.

Direction

In finance, it refers to the trend or movement of market prices or interest rates.

Profit Margin

A financial metric that shows the percentage of revenue that exceeds the costs associated with making or buying the goods or services sold.