A Company Is Researching the Effectiveness of a New Website

question 41

Multiple Choice

A company is researching the effectiveness of a new website design to decrease the time to access a website. Five website users were randomly selected, and their times (in seconds) to access the website with the old and new designs were recorded. To compare the times, they computed (new website design time - old website design time) . The results follow: For a 0.01 significance level, what is the critical value?

• A) 2.256
• B) 1.895
• C) 3.747
• D) 2.447

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Definitions:

Obligations Cessation

Refers to the termination or discontinuation of legal duties or responsibilities, which can occur due to various reasons including the fulfillment, release, or expiration of the obligation.

Condition Precedent

A condition precedent is a contractual condition that must be fulfilled before a party's promise or obligation becomes binding.

Obligations Commencement

The starting point or effective date when obligations or duties under a contract or agreement begin.

Contractual Term

A provision or condition outlined in a contract that defines the obligations, rights, and duties of the parties involved.