A Student Is Trying to Decide If It Is Cheaper

question 59

Multiple Choice

A student is trying to decide if it is cheaper to order blank CDs over the internet or to buy them at local electronic stores.Listed below are the prices (in dollars) quoted for boxes of 200 blank CDs from various manufacturers. On the average,can it be concluded that Internet purchases are significantly less than electronics store purchases? Test at = .05

• A)Reject the null hypothesis,Internet purchases are less than local stores
• B)Fail to reject the null hypothesis,not enough evidence to show that Internet purchases are less than local stores

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Definitions:

BCVR Entries

Book value to consideration ratio entries, used in accounting to adjust the values of assets and liabilities during acquisitions.

NCI Entry

Non-Controlling Interest entry, recorded in consolidated financial statements to represent the equity interest in a subsidiary not attributable, directly or indirectly, to the parent company.

Equity

Represents the owners' interest in the assets of a company after all liabilities have been deducted.

Dividends

The distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.