64% of Students at a University Live on Campus $- 1.68$

question 29

Multiple Choice

64% of students at a university live on campus. A random sample found that 28 of 45 male students and 39 of 50 of female students live on campus. At the 0.05 level of
Significance, is there sufficient evidence to support the claim that a difference exists
Between the proportions of male and female students who live on campus?

• A) No, because the test value \(- 1.68\) is inside the noncritical region \(- 1.96 < z < 1.96\).
• B) Yes, because the test value \(- 3.69\) is outside the noncritical region \(- 1.96 < z < 1.96\).
• C) No, because the test value \(- 0.84\) is inside the noncritical region \(- 1.96 < z < 1.96\).
• D) Yes, because the test value \(- 17.98\) is outside the noncritical region \(- 1.96 < z < 1.96\).

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Definitions:

Market Rate

The current price or cost of a good or service in the marketplace, often used in reference to interest rates or wages.

Contract Rate

The agreed-upon price or rate specified in a contract for services or goods, often locked in for the duration of the agreement.

Issue Price

The price at which securities, such as bonds or shares, are originally sold to the public or investors by the issuing entity.

Installment Note Payable

A debt instrument that requires a series of periodic payments to the lender over a specified period of time.