Of 250 Adults Who Tried a New Multi-Grain Cereal, Wow!

question 68

Multiple Choice

Of 250 adults who tried a new multi-grain cereal, Wow!, 187 rated it excellent; of 100 children sampled, 66 rated it excellent. Using the 0.1 significance level and the alternate hypothesis p1 not equal to p2, what is the null hypothesis?

• A) p1 - p2> 0
• B) p1 - p2< 0
• C) p1 - p2 = 0
• D) None of these statements are correct

---

Definitions:

Risk-Adjusted Cost

A financial assessment that accounts for the risk of an investment, adjusting the cost to reflect potential uncertainties.

Lower Share Prices

Lower share prices indicate a decrease in the market price of a company’s stock, often reflecting changes in the company's financial health or market conditions.

Growth Opportunities

Prospects or opportunities for a business to expand its operations, increase sales, and enhance profitability.

Existing Assets

Assets that are already owned by a company, including both tangible assets like property and equipment, and intangible assets like patents and trademarks.