The Number of Successes and the Sample Size Are Given $x = 60 , n = 120 , H _ { 0 } : p = 0.6 , H _ { a } : p < 0.6$

question 98

Multiple Choice

The number of successes and the sample size are given for a simple random sample from a population. Decide whetherusing the one-proportion z-test is appropriate.
- $x = 60 , n = 120 , H _ { 0 } : p = 0.6 , H _ { a } : p < 0.6$

• A)Appropriate
• B) Not appropriate

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Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's profitability.

Total Assets

The summation of all resources owned by an entity, valued based on historical cost or market value, represented in the balance sheet.

Return On Assets Ratio

The Return on Assets Ratio is a financial metric used to assess how efficiently a company uses its assets to generate profit, calculated by dividing net income by total assets.

Net Income

The total profit of a company after accounting for all revenues and expenses, including taxes and interest.