In a Sample of 47 Adults Selected Randomly from One

question 3

Multiple Choice

In a sample of 47 adults selected randomly from one town, it is found that 9 of them have been exposed to a particular strain of the flu. Find the P-value for a test of the claim that the proportion of all adults in the town that have been exposed to this strain of the flu is 8%.

• A) 0.0048
• B) 0.0024
• C) 0.0262
• D) 0.0524

---

Definitions:

Variable Costs

Costs that change in proportion to the activity or volume of business, such as materials and labor.

Total Costs

The complete cost of production of goods or services, which includes both fixed and variable costs.

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.

Total Variable Cost

The total variable cost is the sum of all variable expenses that change in proportion to the volume of output or production.