Instruction 10-1
Are Chinese Managers More Motivated Than Australian Managers

question 112

Multiple Choice

Instruction 10-1
Are Chinese managers more motivated than Australian managers? A randomly selected group of each were administered the Sarnoff Survey of Attitudes Toward Life (SSATL) , which measures motivation for upward mobility. The SSATL scores are summarised below.
$$\begin{array} { | l | l | l | } \hline & \text { Australian } & \text { Chinese } \\\hline \text { Sample Size } & 211 & 100 \\\hline \text { Mean SSATL Score } & 65.75 & 79.83 \\\hline \text { Population Std. Dev. } & 11.07 & 6.41 \\\hline\end{array}$$
-Referring to Instruction 10-1,what is the value of the test statistic?

• A) 96.4471
• B) -14.08
• C) -1.9677
• D) -11.8092

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Definitions:

Net Income

The total earnings or profit of a business after deducting expenses, taxes, and costs.

Total Dividends

The sum of all dividend payments made by a company to its shareholders over a specific period.

Residual Dividend Policy

A financial policy regarding dividend payments where dividends are only issued after all project and operational expenses have been met and all planned investments are funded.

Optimal Capital Budget

The set of projects that maximizes the value of the firm.