Assume That a Hypothesis Test of the Given Claim Will

question 11

Multiple Choice

Assume that a hypothesis test of the given claim will be conducted. Identify the type I or type II error for the test.
-The owner of a football team claims that the mean attendance at games is over 85,700, and he is therefore justified in moving the team to a city with a larger stadium. Identify the type II error for the test.

• A) Fail to reject the claim that the mean attendance is more than 85,700, when it is actually less than 85,700.
• B) Fail to reject the claim that the mean attendance is equal to 85,700, when it is actually greater than 85,700.
• C) Reject the claim that the mean attendance is equal to 85,700 when it is actually 85,700.
• D) Fail to reject the claim that the mean attendance is equal to 85,700, when it is actually less than 85,700.

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Definitions:

Partnership

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Articles of Partnership

A document that outlines the terms, conditions, and agreements among partners in a business partnership.

Salary Allowances

A fixed amount or stipend given over and above the basic salary for meeting specific requirements or expenses.

Net Income

The company's ultimate financial gain post all deductions of expenses and taxes from the revenue generated.