The Manager of a Local Specialty Store Is Concerned with a Possible

question 139

Multiple Choice

The manager of a local specialty store is concerned with a possible slowdown in payments by her customers.She measures the rate of payment in terms of the average number of days receivables are outstanding.Generally,the store has maintained an average of 50 days with a standard deviation of 10 days.A random sample of 25 accounts gives an average of 54 days outstanding with a standard deviation of 8 days.Calculate the appropriate test statistic to test the hypotheses.

• A)-2.00
• B)-2.50
• C)12.50
• D)2.50
• E)2.00

---

Definitions:

Mitosis

The process of cell division in eukaryotic cells that results in two genetically identical daughter cells.

Genetic Material

DNA or RNA molecules that carry the genetic instructions used in the growth, development, functioning, and reproduction of living organisms.

Fertilized Egg

A cell formed by the combining of a male and female gamete (sperm and egg) which then begins cell division to develop into an embryo.

Gametes

Reproductive cells (sperm in males and eggs in females) that carry half the genetic information of an individual and can combine to form a new organism.