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

question 195

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,allowing for 1% probability of committing a Type I error,what are the decision and conclusion on testing whether there is any difference in the proportions of satisfied customers in the two resorts?

• A)Do not reject the null hypothesis;there is enough evidence to conclude that there is significant difference in the proportions of satisfied guests at the two resorts.
• B)Do not reject the null hypothesis;there is not enough evidence to conclude that there is significant difference in the proportions of satisfied guests at the two resorts.
• C)Reject the null hypothesis;there is enough evidence to conclude that there is a significant difference in the proportions of satisfied guests at the two resorts.
• D)Reject the null hypothesis;there is not enough evidence to conclude that there is significant difference in the proportions of satisfied guests at the two resorts.

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Definitions:

Colonial Power

A country that establishes control over foreign territories to exploit them economically, politically, and culturally.

Manufactured Products

Goods that have been processed or transformed from raw materials into finished goods ready for sale.

Raw Materials

Basic materials extracted from the environment or that are used in the initial stages of production to make goods.

Tariffs

Taxes levied on imported goods and services, intended to make imported goods more expensive to protect domestic industries.