Which of the Following Would Be an Appropriate Alternative Hypothesis

question 68

Multiple Choice

Which of the following would be an appropriate alternative hypothesis?

• A) The population proportion is less than 0.65.
• B) The sample proportion is less than 0.65.
• C) The population proportion is no less than 0.65.
• D) The sample proportion is no less than 0.65.

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Definitions:

Productivity

A measure of the efficiency of production, usually calculated as the ratio of output produced to inputs used.

Marginal Revenue Product

is the additional revenue generated by employing one more unit of input, such as labor or capital, in the production process.

Variable Factor

An input in production that can be varied in the short term, such as labor or raw materials, in contrast to fixed factors like machinery or land.

Factor Of Production

An input used in the production of goods or services in order to make an economic profit. The primary factors include land, labor, capital, and entrepreneurship.