Question 3 Not yet a n swered Marked out of 3 .00 F Flag question Question 4 Not yet a n swered Marked out of 1 .00 F Flag question What is the pvalue? Answer in 4 decimal places Answer. Select the correct decision withjustication. Oa. Ob. 0c. 0d. Oe. Of. Reject H0 because pvalue 0.05 Question 5 Not yet answered Marked out of 1.00 l? Flag question Select the correct conclusion. 0 a. No, there is not enough evidence to conclude that the the average collection time has been reduced 0 b. Yes, there is enough evidence to conclude that the average collection time has been reduced Question 1 A company has historically averaged 46 days on the collection of its account Not yet receivables. To improve cash flow, the Accounts Receivable(AR) manager was presented answered with an incentive bonus if she could reduce the average collection time. A random Marked out of sample of 64 account receivables showed a mean collection of 40 days and a standard 2.00 deviation of 15 days. Is there enough evidence to conclude that the average collection Flag question time has been reduced? Test the hypothesis at the 5% level of significance. Note: Use the above information for the subsequent questions Select the correct null and alternative hypothesis. O a. HO: H = 46 HA: J 40 O c. HO: H = 40 HA: | # 40 O d. Ho: J = 40 HA: p 46 Question 2 What is the test statistic? Answer in 2 decimal places Not yet answered Marked out of Answer: 3.00 Flag