Consider the Following to Answer the Question(s) Below

question 13

Multiple Choice

Consider the following to answer the question(s) below:
An Internet service provider is interested in testing to see if there is a difference in the mean weekly connect time for users who come into the service through a dial-up line, DSL, or cable Internet. To test this, the ISP has selected random samples from each category of user and recorded the connect time during a week period. The following is partial Excel output for the data.

-The P-value for this statistic is < 0.001. Therefore, at α = 0.05

• A) We reject the null hypothesis and conclude that the average weekly connect times are not the same for all three methods of connection.
• B) We fail to reject the null hypothesis.
• C) We know average connect times are the same for all connection methods.
• D) We fail to reject the null hypothesis and conclude that the average weekly connect times are the same for all three methods of connection.
• E) We know average connect times are not the same for all connection methods.

---

Definitions:

Variable Manufacturing Costs

Costs that change in proportion to the levels of production or sales volume, such as raw materials and direct labor.

Sales

Sales involve the exchange of goods or services for payment, essentially representing the revenue generated from these transactions.

Absorption Costing

A method in accounting that captures the complete range of manufacturing costs - direct materials, direct labor, and all overhead expenses, both fixed and variable - within the cost of a product.

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold and treats fixed costs as period expenses.