Refer to the Information Provided in Scenario 22

question 20

Multiple Choice

Refer to the information provided in Scenario 22.3 below to answer the question(s) that follow.
SCENARIO 22.3: Consider a local high school that has 300 sophomores considered to be at-risk students. A privately-sponsored after-school sports program has been established to try to help at-risk students succeed in finishing high school. The local government wants to know if this program reduces the students' probability of dropping out of high school before the end of their junior year, and decides to randomly sample 150 of the 300 at-risk sophomores and invite them to attend the after-school program at no cost. 100 students accept the invitation, and by the end of their junior year, the drop-out percentage of the 100 students who attended the program was lower than the drop-out percentage of the 200 students who did not attend the program.
-Refer to Scenario 22.3. The efficacy of this program can be best measured by comparing

• A) the drop-out percentage of the 100 students who attended the program to the drop-out percentage of the 200 students who did not attend the program.
• B) the drop-out percentage of the 100 students who attended the program to the drop-out percentage of the 50 students who were offered the program but chose not to attend.
• C) the drop-out percentage of the 150 students who were offered the program to the drop-out percentage of the 150 students who were not offered the program.
• D) the drop-out percentage of the 50 students were offered the program but chose not to attend to the drop-out percentage of the 150 students who were not offered the program.

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Definitions:

Total Current Liabilities

The sum of all liabilities of a company that are expected to be settled within one fiscal year or an operating cycle, whichever is longer.

Return On Total Assets

Return on Total Assets (ROTA) is a financial metric that measures a company's profitability in relation to its total assets.

Income Statement

A financial report summarizing a company’s revenues, expenses, and profits over a specified period, showing the company's financial performance.

Acid-Test Ratio

A financial ratio that measures a company's ability to pay off its current liabilities with its quick assets, indicating short-term financial strength.