Cendant Corporation's Results for the Year Ended December 31, 2009

question 74

Multiple Choice

Cendant Corporation's results for the year ended December 31, 2009, include the following material items: Cendant Corporation's income from continuing operations before income taxes for 2009 is:

• A)$900,000.
• B)$880,000.
• C)$820,000.
• D)$320,000.

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Definitions:

Null Hypothesis

A default hypothesis that there is no effect or difference, and any observed change in the data is due to random chance.

Confidence Interval

An interval estimate of a population parameter that provides a range of values which is likely to include the parameter of interest.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, describing how much individual data points differ from the mean.

Sample Mean

The average of a set of numerical values drawn from a sample of a population, used as an estimate of the population mean.