A Polling Agency Is Interested in Testing Whether the Proportion

question 60

Multiple Choice

A polling agency is interested in testing whether the proportion of women who support a female candidate for office is greater than the proportion of men. The null hypothesis is that there is no difference in the proportion of men and women who support the female candidate. The alternative hypothesis is that the proportion of women who support the female candidate is greater than the proportion of men. The test results in a p- value of 0.112. Which of the following is the best interpretation of the p- value?

• A)The p- value is the probability of getting a result that is as extreme as or more extreme than the one obtained, assuming that the proportion of women who support the female candidate is greater than the proportion of men.
• B)The p- value is the probability that men will support the female candidate.
• C)The p- value is the probability that women will support the female candidate.
• D)The p- value is the probability of getting a result that is as extreme as or more extreme than the one obtained, assuming that there is no difference in the proportions.

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Definitions:

Relevant Range

The span of activity levels within which the assumptions made about cost behavior in cost-volume-profit analysis remain valid.

Average Costs

The total costs (fixed and variable) divided by the total output production, giving a per unit cost of production.

Fixed Manufacturing Cost

The portion of total manufacturing costs that does not change with the level of production, such as rent, insurance, and salaries of permanent staff.

Production Costs

Expenses associated with manufacturing a product including labor, materials, and overhead.