The Executives of CareFree Insurance, Inc

question 78

Multiple Choice

The executives of CareFree Insurance, Inc.feel that "a majority of our employees perceive a participatory management style at CareFree." A random sample of 200 CareFree employees is selected to test this hypothesis at the 0.05 level of significance.Eighty employees rate the management as participatory.The null hypothesis is __________.

• A)n = 30
• B)n = 200
• C)p = 0.50
• D)p < 0.50
• E)n > 200

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Definitions:

Fast-Food Restaurants

Eateries that specialize in serving food quickly and affordably, often part of a chain with a standardized menu.

Behavioral

Relating to the actions or reactions of persons or organisms under specific conditions.

Chase Visa Fuel Card

A branded Visa card offered by Chase Bank that provides users with benefits or discounts on fuel purchases.

More Than Once a Week

A frequency indicating that an event or action happens multiple times within a seven-day period.