Golf Course Designer Roberto Langabeer Is Evaluating Two Sites,Palmetto Dunes $\sigma$

question 25

Multiple Choice

Golf course designer Roberto Langabeer is evaluating two sites,Palmetto Dunes and Ocean Greens,for his next golf course.He wants to prove that Palmetto Dunes residents (population 1) play golf more often than Ocean Greens residents (population 2) .Roberto commissions a market survey to test this hypothesis.The market researcher used a random sample of 64 individuals from each suburb,and reported the following: 1 = 15 times per month and 2 = 14 times per month.Assume that $\sigma$ 1 = 2 and $\sigma$ 2 = 3.With $\alpha$ = .01,the appropriate decision is _________________.

• A)reject the null hypothesis \(\sigma\)₁² < \(\sigma\)₂²
• B)accept the alternate hypothesis \(\mu\)₁- \(\mu\) ₂ > 0
• C)reject the alternate hypothesis n1 = n2 = 64
• D)fail to reject the null hypothesis \(\mu\)₁ - \(\mu\)₂ = 0
• E)do nothing

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Definitions:

Income Tax Expense

The amount of money a company owes in taxes based on its taxable income for a given period.

Income Taxes Payable

Represents the amount of taxes on income that a company owes to the government but has not yet paid.

Accounts Payable

Short-term financial obligations to suppliers or creditors for goods and services received but not yet paid for.

Equipment

Tangible assets used in the operation of a business, not intended for sale.