TABLE 10-10 The Following EXCEL Output Contains the Results of a Test

question 189

Multiple Choice

TABLE 10-10
The following EXCEL output contains the results of a test to determine if the proportions of satisfied guests at two restaurants are the same or different.

-Referring to Table 10-10, if you want to test the claim that "Restaurant 1 (Group 1) has a lower proportion of satisfied customers compared to Restaurant 2 (Group 2) ", you will use

• A) a t-test for the difference between two proportions.
• B) a z-test for the difference between two proportions.
• C) an F test for the difference between two proportions.
• D) a χ² test for the difference between two proportions.

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Definitions:

Investment Banks

Financial institutions that provide services such as underwriting, acting as intermediaries in mergers and acquisitions, and providing financial advisory services to companies.

Direct Transfer

A method of transferring assets or funds from one account to another without any intermediary processing steps.

Secondary Market

Sales of existing securities between investors. Compare with Primary market.

Stock

An ownership share in a corporation, representing a claim on part of the company's assets and earnings.