It Has Been Hypothesized That on Average Employees Spend One

question 85

Multiple Choice

It has been hypothesized that on average employees spend one hour a day playing video games at work.To test this at her company,a manager takes a random sample of 35 employees who showed a mean time of 55 minutes per day with a standard deviation of 5 minutes.Calculate the test statistic.

• A)5.92
• B)63.89
• C)11.84
• D)-5.92
• E)-63.89

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Definitions:

Decreases Equity

Activities or transactions that reduce the owner's equity in a company, often through expenses, losses, or distributions to owners.

Earned Revenue

Earned revenue is income a company generates from its business activities, such as sales of goods or services, indicating work completed and value provided to customers.

Rights Of Creditors

Legal entitlements of creditors to receive payment from a debtor or claim on the assets of a debtor in case of default.

Rights Of Owners

Entitlements or privileges that come with owning equity or shares in a corporation, including voting rights, dividends, and the right to share in the assets of the company during liquidation.