In the case of conducting the t-test on the means of two samples of observations, the samples can be independent or paired

Indicate whether the statement is true or false

TRUE

Business

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Boland Manufacturing prepared a 2016 budget for 120,000 units of product. Actual production in 2016 was 130,000 units. To be most useful, what amounts should a performance report for this company compare?

a) The actual results for 130,000 units with a new budget for 130,000 units. b) The actual results for 130,000 units with last year's actual results for 134,000 units. c) It doesn't matter. All of these choices are equally useful. d) The actual results for 130,000 units with the original budget for 120,000 units.

Business

What is the probability that F is between 4 and 5, given a df1 = 4 and df2 = 6?

A) 0.0654 B) 0.0406 C) 0.0248 D) 0.05 E) Not enough information provided

Business