A Company Believes That It Controls More Than 30% of the Total

question 39

Multiple Choice

A company believes that it controls more than 30% of the total market share for one of its products.To prove this belief, a random sample of 144 purchases of this product is contacted.It is found that 50 of the 144 purchases were of this company's brand.If a researcher wants to conduct a statistical test for this problem, the alternative hypothesis would be _______.

• A)the population proportion is less than 0.30
• B)the population proportion is greater than 0.30
• C)the population proportion is not equal to 0.30
• D)the population mean is less than 40
• E)the population mean is greater than 40

---

Definitions:

Classified Ads

Short advertisements placed in a newspaper or online, grouped within certain categories.

Company Website

The official online presence of a business, providing information about its products, services, and values.

Retail Store Manager

An individual responsible for overseeing the daily operations, staff, and financial goals of a retail store.

Key Words

Critical or central words that capture the essential aspects of a topic, often used for indexing, searching, or summarizing content.