Consider the Following to Answer the Question(s) Below

question 32

Essay

Consider the following to answer the question(s) below:
Data were collected on annual personal time (in hours) taken by a random sample of 16 women and 7 men employed by a medium sized company. The women took an average of 24.75 hours of personal time per year with a standard deviation of 2.84 hours. The men took an average of 21.86 hours with a standard deviation of 3.29 hours. The Human Resources Department believes that women tend to take more personal time than men because they tend to be the primary child care givers in the family.
-State your conclusion using α = 0.05.

---

Definitions:

Direct Method

A way of reporting cash flows from operating activities in a cash flow statement that lists specific types of cash receipts and payments.

Cash Inflow

Money coming into a business or project from various sources including sales, investment income, or financing.

Cash Outflow

Money that flows out of a business or a financial account, typically representing expenses or investments.

Direct Method

A cash flow statement reporting approach that lists major payments and receipts of cash, providing a clear view of cash inflows and outflows.