Express the Null Hypothesis and the Alternative Hypothesis in Symbolic $( \mu , p , \sigma )$

question 23

Multiple Choice

Express the null hypothesis and the alternative hypothesis in symbolic form. Use the correct symbol $( \mu , p , \sigma )$ for the indicated parameter. An entomologist writes an article in a scientific journal which claims that fewer than 16 in ten thousand male fireflies are unable to produce light due to a genetic mutation. Use the parameter p , the true proportion of fireflies unable to produce light.

• A) \(\begin{array} { l }
• H _ { 0 } : p = 0.0016 \\
• H _ { 1 } : p < 0.0016
• \end{array}\)
• B) \(\begin{array} { l }
• H _ { 0 } : p = 0.0016 \\
• H _ { 1 } : p > 0.0016
• \end{array}\)
• C) \(\begin{array} { l }
• H _ { 0 } : p > 0.0016 \\
• H _ { 1 } : p \leq 0.0016
• \end{array}\)
• D) \(\begin{array} { l }
• H _ { 0 } : p < 0.0016 \\
• H _ { 1 } : p \geq 0.0016
• \end{array}\)

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Definitions:

Accounting Profit

The profit of a company after all expenses have been deducted from revenues, but before deducting income taxes.

AVC (Average Variable Cost)

The total variable cost divided by the quantity of output produced; it varies with production.

MC (Marginal Cost)

Marginal Cost is the change in total cost that arises when the quantity produced is incremented by one unit.

Shutdown Point

The level of operations at which a company or business does not generate enough revenue to cover its variable costs, leading to a temporary or permanent closure.