Given a Normal Distribution with σ = 3,we Want to Test

question 118

Multiple Choice

Given a normal distribution with σ = 3,we want to test the hypothesis H0: μ = 20.We find that the sample mean is 21.The test statistic is

• A)1.000
• B)1.645
• C)1.960
• D)impossible to find without more information.

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Definitions:

Cost Of Goods Sold

The expenses directly associated with manufacturing products that a company sells.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Current Position

Refers to the financial status and condition of an entity at a specific point in time, indicating its ability to meet short-term obligations.

Return On

Generally a part of financial metrics like Return on Investment (ROI) or Return on Equity (ROE), indicating the efficiency of an investment or equity.