Suppose That Two Shipping Companies, a and B, Each Decide

question 17

Multiple Choice

Suppose that two shipping companies, A and B, each decide to estimate the annual percentage of shipments on which a $100 or greater claim for loss or damage was filed by sampling their records, and they report the data shown below. The owner of Company B is hoping to use these data to show that her company is superior to Company A with regard to the percentage of claims filed.Which test would be used to properly analyze the data in this experiment?

• A) The test of a contingency table in a two-way contingency table.
• B) The goodness-of-fitness test.
• C) The z-test for the difference in two proportions.
• D) The ANOVA F test for main treatment effect.

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Definitions:

Voucher Register

A record that keeps track of all issued vouchers, which are documents authorizing payments, and their current status.

NSF Check

An NSF check is a check that cannot be processed due to insufficient funds in the account it's drawn on.

Personal Deposit

Funds that an individual places in a bank account for safekeeping, which can earn interest over time depending on the type of account.

Debit Memorandum

A document issued by a buyer to a seller indicating a reduction in the amount owed, typically due to returned goods or an overcharge.