For a two-tailed test, the p-value is the probability of obtaining a value for the test statistic as
A. likely as that provided by the sample.
B. unlikely as that provided by the sample.
C. likely as that provided by the population.
D. unlikely as that provided by the population.
Answer: B
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Lia works for Media Marketing Company. Her job includes putting "spin" on the firm's successes and failures. In this context, ethics consist of
A. "bad" versus "good" publicity. B. questions of rightness and wrongness. C. the firm's quarterly revenue. D. whatever is legal.
Century Business Systems, Inc. offers all of the non-technical support a business would need to operate successfully - everything from auditing to management consultant to financing to marketing advice. Which of the following types of interaction activities is it likely to use to gain information about its business customers and still be able to have only a minimal investment of time and money in the research?
A. Research on intermediate customers B. Employee internal satisfaction surveys C. Executive visits to customers D. Employee suggestions E. Executive listening approaches
Which of these statements is true regarding the Class Action Fairness Act of 2005?
A. Lawyers were restricted from shopping for friendly venues to try interstate cases. B. The burden of proof was shifted to government. C. Excessive attorney compensation was limited. D. Both of these answers are correct: Lawyers were restricted from shopping for friendly venues to try interstate cases; and excessive attorney compensation was limited.
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard StandardStandard Quantity PriceCostDirect Materials 8pounds $1.80per pound $14.40 Direct Labor 0.25hour $8.00per hour 2.00 $16.40 During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours.Is the direct labor rate variance favorable or unfavorable?
A. Favorable B. Unfavorable