A Marketing Company Selected a Sample of 25 Lawyers and 25

question 34

Multiple Choice

A marketing company selected a sample of 25 lawyers and 25 doctors to determine if they had voted in the last election. At $\alpha = 0.05$ , test the claim that the proportions who vo are equal.
$\begin{array} { l c c } & \text { Lawyers } & \text { Doctors } \\ \text { Voted } & 17 & 12 \\ \text { Did not vote } & 8 & 13 \\ \text { Total } & 25 & 25 \end{array}$

• A) There is not evidence to reject the claim that the proportions are equal because the test value 2.053 < 3.841
• B) There is evidence to reject the claim that the proportions are equal because the test value 9.488 > 0.821
• C) There is evidence to reject the claim that the proportions are equal because the test value 3.841 > 0.821
• D) There is not evidence to reject the claim that the proportions are equal because the test value 2.053 < 9.488

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Definitions:

Beginning Inventory

The value of goods available for sale at the start of an accounting period.

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specific period, often a fiscal quarter or year.

Financial Statements

Reports that summarize the financial performance and position of a business, including the balance sheet, income statement, and statement of cash flows.

Debits

Accounting entries that increase asset or expense accounts or decrease liability, equity, or revenue accounts.