A Random Group of Students Was Selected from a Large $\alpha = 0.05 ?$

question 42

Multiple Choice

A random group of students was selected from a large student conference to analyze their class in school. Is there evidence to reject the hypothesis that the number of students is equally distributed between the four classes, at $\alpha = 0.05 ?$
$\begin{array} { l c c c c } \text { Year in school } & \text { Freshman } & \text { Sophomore } & \text { Junior } & \text { Senior } \\ \text { Number of students } & 12 & 12 & 13 & 23 \end{array}$

• A) There is evidence to reject the claim that students are equally distributed between the four classes because the test value 7.815 > 5.733
• B) There is not evidence to reject the claim that students are equally distributed between the four classes because the test value 5.733 < 7.815
• C) There is evidence to reject the claim that students are equally distributed between the four classes because the test value 9.488 > 5.733
• D) There is not evidence to reject the claim that the customers' preferences are distributed between the four classes because the test value 5.733 < 9.488

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Definitions:

Cash Receipts

The total amount of money received by a company during a given period, from its various sources of income including sales, interest, dividends, and other revenues.

Accounting Sales

Refers to the revenue generated from the sale of goods or services, recognized in the financial statements of a company.

Project Analysis

The process of examining the feasibility and potential return on investment of a project before committing resources.

Opportunity Cost

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.