For Testing the Difference Between Two Population Proportions,the Pooled Proportion

question 58

Multiple Choice

For testing the difference between two population proportions,the pooled proportion estimate should be used to compute the value of the test statistic when the:

• A)populations are normally distributed.
• B)sample sizes are small.
• C)null hypothesis states that the two population proportions are equal.
• D)samples are independently drawn from the populations.

---

Definitions:

MC Curve

The marginal cost curve, which graphs the cost of producing one more unit of a good or service, showing how marginal cost varies with the quantity produced.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the total quantity of output produced.

Average Variable Cost

Average variable cost is the total variable cost of production divided by the number of units produced, indicating the variable cost per unit.