Students in Statistics Classes Were Asked Whether They Preferred a 10-Minute

question 52

Multiple Choice

Students in statistics classes were asked whether they preferred a 10-minute break or to allow them go out of class 10 minutes early. In a sample of 150 students, 40 preferred a 10-minute break, 80 preferred going out 10 minutes early, and 30 had no preference. We want to determine if there is a difference in students' preferences. The null hypothesis that is being tested is

• A) H₀: μ = 150.
• B) H₀: μ = 75.
• C) H₀: p = .2.
• D) H₀: p = .5.

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Definitions:

Par Value Bonds

Bonds that are issued and redeemed at their face value, the value printed on the bond itself.

Issuing Bonds

The process of a corporation or government entity raising capital by selling bonds to investors, which are essentially loans from the investors to the issuer.

Par Value

A nominal value assigned to a security or stock, often used to determine its face value rather than market value.

Market Rate

The current price or interest rate at which goods, services, or financial instruments are traded in the open market.