Accounting procedures allow a business to evaluate their inventory costs based on two methods: LIFO (last in first out) or FIFO (first in first out). A manufacturer evaluated its finished goods inventory (in $000s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed FIFO - LIFO for each product. We would like to determine if the LIFO method results in a lower cost of inventory than the FIFO method. What is the alternative hypothesis?\ Product FIFO (F) LIFO (L)\ \\\\table[[1,225,221],[2,119,100],[3,100,113],[4,212,200]]\ A.

\\\\mu _(d)>0

\ B.

\\\\mu _(d)

\ C.

\\\\mu _(d)!=0

\ D.

\\\\mu _(d)

Accounting procedures allow a business to evaluate their inventory costs based on two methods: LIFO (last in first out) or FIFO (first in first out). A manufacturer evaluated its finished goods inventory (in $000 s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed FIFO - LIFO for each product. We would like to determine if the LIFO method results in a lower cost of inventory than the FIFO method. What is the alternative hypothesis? A. d>0 B. d0 C. d=0 D. d