On the basis of a random sample the null hypothesis: H0 : ? ? ?0 is tested against the alternative: H1 : ? > ?0 and the null hypothesis is not rejected at the 10% significance level
Does this necessarily imply that ?0 is contained in the 90% confidence interval for ??
No, the 90% confidence level provides for 5% of the area in either tail. This does not correspond to a one-tailed hypothesis test with ? = 10% which has 10% of the area in one of the tails.
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Indicate whether the statement is true or false
For a standard normal distribution, the probability of z
0 is
A. 0. B. -0.5. C. 0.5. D. 1.
Which of the following generally represents a large percentage of total costs in service business?
a. Machinery b. Labor c. Automated production equipment d. Logistics
Everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and partnership business forms is that _____.?
A. ?a partnership has more owners than a proprietorship B. ?the combined personal liability associated with a partnership is significantly less than the combined personal liability associated with a proprietorship C. ?a partnership is generally easier to form than a proprietorship D. ?the annual growth rate of a proprietorship is limited by law, whereas the growth rate of a partnership is always potentially unlimited E. ?many more businesses are formed as partnerships than proprietorships