SCENARIO 10-9 The Following EXCEL Output Contains the Results of a Test

question 104

Multiple Choice

SCENARIO 10-9
The following EXCEL output contains the results of a test to determine whether the proportions of satisfied customers at two resorts are the same or different.

Two-Sample Tests 10-31
-Referring to Scenario 10-9, if you want to test the claim that "Resort 1 (Group 1) has a higher proportion of satisfied customers compared to Resort 2 (Group 2) ", the p-value of the test will be

• A)0.007272
• B)0.00727/2
• C)2*(0.00727)
• D)1-(0.00727/2)

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Definitions:

Secured Creditor

A secured creditor is an individual or entity that lends money with the protection of collateral, ensuring prioritized repayment in case of debtor default.

Re-perfect

The action of renewing or maintaining perfection of a security interest or lien to preserve its priority status against other claims.

Security Interest

A legal claim or right granted to a creditor or lender on a debtor's property as a security for a debt.

Perfection by Possession

A legal principle that secures a creditor's interest in a debtor's collateral upon taking possession of it.