Exhibit 9-5

question 69

Multiple Choice

Exhibit 9-5.A university interested in tracking their honors program believes that the proportion of graduates with a GPA of 3.00 or below is less than 0.20.In a sample of 200 graduates,30 students have a GPA of 3.00 or below. Refer to Exhibit 9-5.At a 5% significance level,the decision is to ___________.

• A)Reject H₀;we can conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20.
• B)Reject H₀;we cannot conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20.
• C)Do not reject H₀;we can conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20.
• D)Do not reject H₀;we cannot conclude that the proportion of graduates with a GPA of 3.00 or below is significantly less than 0.20.

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Definitions:

Inventory Holdings

Refers to the quantity and value of a company's stock of goods that are held awaiting sale.

Cash Manager

A professional responsible for managing a company's cash inflows and outflows, ensuring sufficient liquidity for operations.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Net Working Capital

A measure of a company's liquidity, calculated as current assets minus current liabilities.