Solve the Problem. -An Entomologist Writes an Article in a Scientific Journal Which

question 52

Multiple Choice

Solve the problem.
-An entomologist writes an article in a scientific journal which claims that fewer than 20 in ten thousand male fireflies are unable to produce light due to a genetic mutation. Assuming that a hypothesis test of the claim has been conducted and that the conclusion is to reject the null hypothesis, state the conclusion in nontechnical terms.

• A)There is not sufficient sample evidence to support the claim that the proportion is greater than 20 in ten thousand.
• B)There is sufficient sample evidence to support the claim that the proportion is less than 20 in ten thousand.
• C)There is sufficient sample evidence to support the claim that the proportion is greater than 20 in ten thousand.
• D)There is not sufficient sample evidence to support the claim that the proportion is less than 20 in ten thousand.

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Definitions:

Preferred Stock

A type of equity security that has a higher claim on a company's assets and earnings than common stock, often paying fixed dividends.

Treasury Stock

Shares of a company's own stock that it has reacquired and held in its treasury.

Cumulative

Referring to the total amount accumulated over time, often used to describe interest, dividends, or other quantities that increase over periods.

Preferred Stock

Preferred stock is a type of stock that gives its holders priority over common stockholders in terms of dividend payouts and claims on assets in the event of a liquidation.