TABLE 12-5 a Corporation Randomly Selects 150 Salespeople and Finds That

question 179

Multiple Choice

TABLE 12-5
A corporation randomly selects 150 salespeople and finds that 66% who have never taken a self-improvement course would like such a course. The firm did a similar study 10 years ago in which 60% of a random sample of 160 salespeople wanted a self-improvement course. The groups are assumed to be independent random samples. Let u₁ and u₂ represent the true proportion of workers who would like to attend a self-improvement course in the recent study and the past study, respectively.
-Referring to Table 12-5, what is the critical value when performing a chi-square test on whether population proportions are different if ? = 0.05?

• A) ±1.645
• B) ±1.96
• C) 2.706
• D) 3.841

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Definitions:

Inspect Corporate Records

The process of examining the official documents and records of a corporation, such as financial statements and meeting minutes.

Tennis Club

An organization or venue that offers facilities and membership for people interested in playing tennis.

Shareholder Voting Agreement

A contract among shareholders detailing how they will vote their shares on certain matters.

Irrevocable Proxy

A proxy or voting right given by a shareholder that cannot be revoked for a certain period, usually used in corporate settings.