A Sociologist Wanted to Determine Whether There Was a Difference $\alpha = 0.01$

question 27

Multiple Choice

A sociologist wanted to determine whether there was a difference in the amount of time children aged 5-7 spent watching television each day. Check the following data for evidence that the number of minutes spent watching television is equally distributed throughout the week. Use $\alpha = 0.01$ .
$\begin{array} { l c } \text { Day } & \text { Number of Minutes } \\ \text { Sunday } & 200 \\ \text { Monday } & 112 \\ \text { Tuesday } & 123 \\ \text { Wednesday } & 130 \\ \text { Thursday } & 160 \\ \text { Friday } & 225 \\ \text { Saturday } & 247 \end{array}$
Compute the test value.

• A) 2.82
• B) 72.12
• C) 100
• D) 33.78

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Definitions:

Dividend Preference

A feature of preferred shares granting holders the right to receive dividends before common shareholders in the event of a dividend distribution.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common shareholders.

Treasury Stock

Securities initially released and afterward repurchased by the issuer, lessening the total shares actively traded in the market.

Reissued

When a previously issued stock or bond is sold again by the corporation, often after being bought back from the market.