The Process That Produces Sonora Bars (A Type of Candy)is

question 52

Multiple Choice

The process that produces Sonora Bars (a type of candy) is intended to produce bars with a mean weight of 56 gm.The process standard deviation is known to be 0.77 gm.A random sample of 49 candy bars yields a mean weight of 55.82 gm.Which are the hypotheses to test whether the mean is smaller than it is supposed to be?

• A)H0: μ ≤ 56,H1: μ > 56
• B)H0: μ ≥ 56,H1: μ < 56
• C)H0: μ = 56,H1: μ ≠ 56
• D)H0: μ < 56,H1: μ ≥ 56

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.

Interest Bearing

A term indicating that a financial instrument or account accrues interest over time, such as a loan, bond, or savings account.

Note Payable

A written promise to pay a certain amount of money on a specific future date, representing a liability for the issuer.

Account Payable

A liability represented by an obligation to pay off a short-term debt to its creditors or suppliers.