What Is the Critical Value for a One-Tailed Hypothesis Test

question 39

Multiple Choice

What is the critical value for a one-tailed hypothesis test in which a null hypothesis is tested at the 5% level of significance based on a sample size of 25 and an unknown population standard deviation?

• A) 1.708
• B) 1.711
• C) 2.060
• D) 2.064

---

Definitions:

Overhead Costs

Indirect costs of operating a business that cannot be directly attributed to a specific product or service, such as rent, utilities, and administrative expenses.

Work in Process Balances

Work in process balances refer to the value of materials and labor for products that are in the production process but not yet completed.

Direct Materials

Items that directly enter into the final product and can be easily traced and assigned to it.

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including materials, labor, and overhead.