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Elwin Osbourne, CIO at GFS, Inc β\beta = 30
B)n = 300
C)p < 0

question 113

Multiple Choice

Elwin Osbourne, CIO at GFS, Inc., suspects that at least 25% of e-mail messages sent by GFS employees are not business related.A random sample of 300 e-mail messages was selected to test this hypothesis at the 0.01 level of significance.Fifty-four of the messages were not business related.The null hypothesis is ____.


Definitions:

Dollar Amount

A numerical monetary value specified in units of currency, specifically the United States dollar.

Compound-Interest GIC

A Compound-Interest Guaranteed Investment Certificate is a type of investment where the interest earned is reinvested and earns interest itself, over the term of the GIC.

Maturity Value

Maturity Value is the amount payable to an investor at the end of a fixed-term investment, including the principal and the interest earned.

Dollar Amount

A numerical value specifying an amount of money in terms of the dollar currency.

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