Which of the Following Would Be an Appropriate Null Hypothesis

question 35

Multiple Choice

Which of the following would be an appropriate null hypothesis?

• A) The mean of a sample is equal to 55.
• B) The mean of a population is greater than 55.
• C) The mean of a population is equal to 55.
• D) Only A and C are appropriate.

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Definitions:

Cash Payback Period

The time it takes for an investment to generate an amount of cash inflows equal to the initial cost of the investment.

Net Cash Flows

The difference between cash inflows and cash outflows within a specified period, reflecting the total amount of cash being transferred into and out of a business.

Estimated Cost

A projection or approximation of the cost associated with a particular project, product, or activity.

Cash Payback Period

The time it takes for an investment to generate enough cash flow to recoup the initial outlay.