SCENARIO 10-10
a Corporation Randomly Selects 150 Salespeople and Finds $\pi$

question 45

Multiple Choice

SCENARIO 10-10
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 $\pi$ 1 and $\pi$ 2
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 Scenario 10-10, what is/are the critical value(s) when testing whether population proportions are different if $\alpha$ = 0.10?

• A)\(\pm\) 1.645
• B)\(\pm\) 1.96
• C)-1.96
• D)\(\pm\) 2.08

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Definitions:

Cost of Goods Manufactured

The total cost incurred to manufacture products, including costs related to materials, labor, and manufacturing overhead, within a specific period.

Ending Balance

The amount of money in an account at the end of a given period, after all transactions have been accounted for.

Raw Materials

Essential substances and components utilized in production processes for the creation of completed items.

Incurred

Refers to costs or expenses that have been acquired or accumulated as a result of undertaking specific activities or operations.