Many Franchisers Favor Owners Who Operate Multiple Stores by Providing

question 44

Multiple Choice

Many franchisers favor owners who operate multiple stores by providing them with preferential treatment. Suppose the Small Business Administration would like to perform a hypothesis test to investigate if 80% of franchisees own only one location using α = 0.05. A random sample of 120 franchisees found that 85 owned only one store. The conclusion for this hypothesis test would be that because the absolute value of the test statistic is-----

• A)more than the absolute value of the critical value, we can conclude that the proportion of franchisees that own only one store equals 0.80.
• B)less than the absolute value of the critical value, we cannot conclude that the proportion of franchisees that own only one store does not equal 0.80.
• C)more than the absolute value of the critical value, we can conclude that the proportion of franchisees that own only one store does not equal 0.80.
• D)less than the absolute value of the critical value, we can conclude that the proportion of franchisees that own only one store does not equal 0.80.

Understand how personality changes throughout the lifespan.

Comprehend the concept and factors influencing the maturation of personality.

Analyze how temperament in early childhood can predict personality in adulthood.

Evaluate the impact of birth order on personality development.

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Definitions:

Dividend Reinvestment Plans

Programs offered by corporations that allow investors to automatically reinvest their cash dividends in additional shares of the company's stock on the dividend payment date.

Preferred Stock

A type of stock that typically pays dividends at a fixed rate and has priority over common stock in terms of dividend payments and assets in the event of liquidation.

Ex-dividend Date

The date on which the buyer of a stock is not entitled to the next dividend payment. After this date, the stock sells without its dividend rights.

Declaration Date

The specific date on which a company's board of directors announces its next dividend payment.