Exhibit 11-6
the Following Shows the Number of Individuals in a Sample

question 69

Multiple Choice

Exhibit 11-6
The following shows the number of individuals in a sample of 300 who indicated they support the new tax proposal.
$\begin{array}{lc}\text { Political Party }&\text { Support }\\\text { Democrats } & 100 \\\text { Republicans } & 120 \\\text { Independents } & 80\end{array}$ We are interested in determining whether or not the opinions of the individuals of the three groups are uniformly distributed.
-Refer to Exhibit 11-6. The calculated value for the test statistic equals

• A) 300
• B) 4
• C) 0
• D) 8

---

Definitions:

Individual Behavior

Actions and conduct exhibited by a person, influenced by individual attitudes, personality traits, and perceptions.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a company at a specified price within a set time frame.

Granting Stock

The process by which a company offers shares of its stock to employees as part of their compensation package or as a reward.

Exercise Option

The act of implementing the right to buy or sell an asset under the terms of an option contract.