A firm specializing in the preparation of income tax returns, claims the mean refund for customers who received refunds last year was R150. For a random sample of 12 customers who received refunds last year, the mean amount was found to be R125, with a standard deviation of R43. The test statistic (rounded off to two decimals) is: O A. Z=-2.01 О В. Т-2.20 О С. Т-2.01 O D. T<-2.20

MATLAB: An Introduction with Applications
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A firm specializing in the preparation of income tax returns, claims the mean refund for customers who received refunds
last year was R150. For a random sample of 12 customers who received refunds last year, the mean amount was found to
be R125, with a standard deviation of R43. The test statistic (rounded off to two decimals) is:
O A. Z=-2.01
O B. T=2.20
O C. T=-2.01
O D. T<-2.20
Transcribed Image Text:A firm specializing in the preparation of income tax returns, claims the mean refund for customers who received refunds last year was R150. For a random sample of 12 customers who received refunds last year, the mean amount was found to be R125, with a standard deviation of R43. The test statistic (rounded off to two decimals) is: O A. Z=-2.01 O B. T=2.20 O C. T=-2.01 O D. T<-2.20
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