The National Center for Education Statistics Would Like to Test

question 16

Multiple Choice

The National Center for Education Statistics would like to test the hypothesis that the proportion of Bachelor's degrees that were earned by women equals 0.60. A random sample of 140 college graduates with Bachelor degrees found that 75 were women. The National Center for Education Statistics would like to set α = 0.10. The critical value for this hypothesis test would be ______.

• A)1.645
• B)2.33
• C)1.28
• D)1.96

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Definitions:

Market Wage Rate

The prevailing rate of pay for a specific job in the labor market, influenced by supply and demand for labor in that field.

Units of Labor

The quantity of labor input, measured in hours or number of workers, used in the production of goods and services.

Supply Determined

A scenario where the quantity of goods available in the market is primarily dictated by the supply side, rather than consumer demand.

Spruce Goose

The nickname for the Hughes H-4 Hercules, famously known as the largest wooden airplane ever constructed and flown only once.