A Two-Tailed Test Is One Where

question 57

Multiple Choice

A two-tailed test is one where:

• A) results in only one direction can lead to rejection of the null hypothesis
• B) negative sample means lead to rejection of the null hypothesis
• C) results in either of two directions can lead to rejection of the null hypothesis
• D) no results lead to the rejection of the null hypothesis

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Definitions:

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

CPA

Certified Public Accountant, a professional designation given to accountants who pass a licensing examination and meet other state requirements.

IRS

The Internal Revenue Service, the U.S. federal agency responsible for tax collection and enforcement of tax laws.