In Testing the Difference Between Two Population Means Using Two

question 36

Multiple Choice

In testing the difference between two population means using two independent samples, the population standard deviations were assumed to be known and the calculated test statistic equalled 2.56. If the test was two-tailed and a 5% level of significance had been specified, what would be the most appropriate conclusion from the findings?

• A) to reject the null hypothesis
• B) not to not reject the null hypothesis
• C) to choose two other independent samples
• D) to accept the null hypothesis

---

Definitions:

Sales Invoice

A document issued by a seller to a buyer, detailing a transaction's products, quantities, and agreed prices for products or services the seller has provided.

Bank Credit Cards

Financial tools issued by banks that allow users to borrow funds for purchases or cash advances, subject to repayment terms and credit limits.

Cash Sales

Transactions where goods or services are exchanged immediately for cash payment.

Normal Credit Balance

The expected balance on the credit side of an account, based on its accounting function (e.g., liabilities, revenues, and equity accounts).