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A study was done to determine whether there is a difference in the amount of time (in hours) that graduate students versus undergraduate students spend on the Internet per day.The results of the analysis are shown below. What type of t procedure was used for this test?
Internal Rate of Return
A financial metric used to evaluate the profitability of an investment, indicating the annualized rate of return that makes the net present value of all cash flows from the investment equal to zero.
Rate of Return
The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.
Cost Savings
A reduction in costs achieved through effective resource management, often resulting in increased profit margins.
Cash Payback
The period of time required for the cash flows from a capital investment to repay the initial investment cost.
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