The Owner of a Local Nightclub Has Recently Surveyed a Random

question 100

Multiple Choice

The owner of a local nightclub has recently surveyed a random sample of n = 250 customers of the club. She would now like to determine whether or not the mean age of her customers is
Greater than 30. If so, she plans to alter the entertainment to appeal to an older crowd. If not, no
Entertainment changes will be made. Suppose she found that the sample mean was 30.45 years
And the sample standard deviation was 5 years. What is the p-value associated with the test
Statistic?

• A) 0.3577
• B) 0.1423
• C) 0.0780
• D) 0.02

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Definitions:

Directors And Officers

Individuals appointed or elected to oversee and manage a corporation or organization and make strategic decisions.

Criminal Behavior

Actions that violate laws and are punishable by the government, including felonies and misdemeanors.

Responsible Person Doctrine

A legal principle that holds an individual personally liable for unpaid taxes or obligations of a business, based on the level of control or authority they have over the financial operations of the entity.

Insider Information

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