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The Table Shows the Number of Households Burglarized in a Sample

question 45

Multiple Choice

The table shows the number of households burglarized in a sample of households with dogs and in a sample of households without dogs. Assume that you plan to use a significance level of α=0.01\alpha = 0.01 to test the claim that p1<p2\mathrm { p } _ { 1 } < \mathrm { p } _ { 2 } . Find the critical value(s) for this hypothesis test. Do the data support the claim that a smaller proportion of households with pet dogs are burglarized?
 Household with Dog  Household without Dog  Number of households in sample 225137 Number of households burglarized 2510\begin{array}{lcc}\hline & \text { Household with Dog } & \text { Household without Dog } \\\hline \text { Number of households in sample } & 225 & 137 \\\text { Number of households burglarized } & 25 & 10 \\\hline\end{array}

Interpret the impact of accounting principles and policies on financial statements.
Analyze balance sheet data for decision making, including understanding liquidity and solvency.
Understand the measurement bases used for asset, liability, and equity reporting.
Apply knowledge of U.S. GAAP and IFRS differences in financial reporting.

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