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Exhibit 11-1

Question 80

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Exhibit 11-1.Becky owns a diner and is concerned about sustaining the business.She wants to ascertain if the standard deviation of the profits for each week is greater than $250.The details of the profits for the week are listed below (in dollars. ) Assume that profits are normally distributed. Exhibit 11-1.Becky owns a diner and is concerned about sustaining the business.She wants to ascertain if the standard deviation of the profits for each week is greater than $250.The details of the profits for the week are listed below (in dollars. ) Assume that profits are normally distributed. Refer to Exhibit 11-1.Test Becky's concern using the critical value approach at α = 0.05.What is the result? A) We reject H<sub>0</sub> since the value of the test statistic is greater than . B) We do not reject H<sub>0</sub> since the value of the test statistic is greater than . C) We reject H<sub>0</sub> since the value of the test statistic is less than . D) We do not reject H<sub>0</sub> since the value of the test statistic is less than Refer to Exhibit 11-1.Test Becky's concern using the critical value approach at α = 0.05.What is the result?


A) We reject H0 since the value of the test statistic is greater than Exhibit 11-1.Becky owns a diner and is concerned about sustaining the business.She wants to ascertain if the standard deviation of the profits for each week is greater than $250.The details of the profits for the week are listed below (in dollars. ) Assume that profits are normally distributed. Refer to Exhibit 11-1.Test Becky's concern using the critical value approach at α = 0.05.What is the result? A) We reject H<sub>0</sub> since the value of the test statistic is greater than . B) We do not reject H<sub>0</sub> since the value of the test statistic is greater than . C) We reject H<sub>0</sub> since the value of the test statistic is less than . D) We do not reject H<sub>0</sub> since the value of the test statistic is less than .
B) We do not reject H0 since the value of the test statistic is greater than Exhibit 11-1.Becky owns a diner and is concerned about sustaining the business.She wants to ascertain if the standard deviation of the profits for each week is greater than $250.The details of the profits for the week are listed below (in dollars. ) Assume that profits are normally distributed. Refer to Exhibit 11-1.Test Becky's concern using the critical value approach at α = 0.05.What is the result? A) We reject H<sub>0</sub> since the value of the test statistic is greater than . B) We do not reject H<sub>0</sub> since the value of the test statistic is greater than . C) We reject H<sub>0</sub> since the value of the test statistic is less than . D) We do not reject H<sub>0</sub> since the value of the test statistic is less than .
C) We reject H0 since the value of the test statistic is less than Exhibit 11-1.Becky owns a diner and is concerned about sustaining the business.She wants to ascertain if the standard deviation of the profits for each week is greater than $250.The details of the profits for the week are listed below (in dollars. ) Assume that profits are normally distributed. Refer to Exhibit 11-1.Test Becky's concern using the critical value approach at α = 0.05.What is the result? A) We reject H<sub>0</sub> since the value of the test statistic is greater than . B) We do not reject H<sub>0</sub> since the value of the test statistic is greater than . C) We reject H<sub>0</sub> since the value of the test statistic is less than . D) We do not reject H<sub>0</sub> since the value of the test statistic is less than .
D) We do not reject H0 since the value of the test statistic is less than

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