The Following Display from a TI-84 Plus Calculator Presents the Results

question 46

Multiple Choice

The following display from a TI-84 Plus calculator presents the results of a hypothesis test for a population proportion $p$ .


State the null and alternate hypotheses.

• A) \(\mathrm { H } _ { 0 } : p = 0.205 , H _ { 1 } : p = 0.29\)
• B) \(H _ { 0 } : p = 0.054799 , H _ { 1 } : p > 0.054799\)
• C) \(H _ { 0 } : p = 0.29 , H _ { 1 } : p > 0.29\)
• D) \(H _ { 0 } : p = 0.205 , H _ { 1 } : p > 0.205\)

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Definitions:

Fair Value

An estimate of the market value of an asset or liability, based on current market prices.

Probable Future Sacrifices

The expected relinquishment of assets as a result of obligations.

Liabilities

Economic obligations or debts owed by a business to others, typically arising in the course of its operations.