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A Firm Will Follow a Particular Advertising Strategy If the Resultant

Question 18

Multiple Choice

A firm will follow a particular advertising strategy if the resultant expected sales are at least 20,000 units. The correct hypotheses for this decision rule are: .


A) Ho : μ\mu \le 20,000
Ha : μ\mu > 20,000
B) Ho : μ\mu\ge 20,000
Ha : μ\mu < 20,000
C) Ho : μ\mu > 20,000
Ha : μ\mu < 20,000
D) Ha : μ\mu = 20,000
Ho : μ\mu = 20,000
E) Ho : μ\mu < 20,000
Ha : μ\mu < 20,000

Correct Answer:

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