To Compare the Effect of Weather on Sales of Soft

question 87

Multiple Choice

To compare the effect of weather on sales of soft drinks, a soda manufacturer sampled two regions of the country with the following results. Is there a difference in sales between the 2 regions? i. The alternate hypothesis is pa - pb ≠ 0
Ii) The proportion of sales made in Market Area 1 is 0.40.
Iii) The proportion of sales made in Market Area 2 is 0.33.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements, but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (ii) is a correct statement, but not (i) and (iii).

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Definitions:

Endorsement

The payee’s signature on the back of a check. It is a transfer of title on the check to the bank in exchange for the amount of money on the face of the check.

Record Of A Deposit

Documentation that confirms the placement of money or other valuable goods into a bank account or safekeeping.

Deposit Slip

A paper that goes with a bank deposit, listing the cash and/or checks amount being put into the bank.

Customer

An individual or entity that purchases goods or services from a business.