A Polling Agency Is Interested in Testing Whether the Proportion

question 10

Multiple Choice

A polling agency is interested in testing whether the proportion of women who support a femalecandidate for office is less than the proportion of men. The null hypothesis is that there is nodifference in the proportions of men and women who support the female candidate. The alternativehypothesis is that the proportion of women who support the female candidate is less than theproportion of men. The test results in a p-value of 0.041. Which of the following is the bestinterpretation of the p-value?

• A) The p-value is the probability that the majority of women will support the female candidate.
• B) The p-value is the probability of getting a result that is as extreme as or more extreme than the one obtained, assuming that there is no difference in the proportions.
• C) The p-value is the probability that the majority of men will support the female candidate.
• D) The p-value is the probability of getting a result that is as extreme as or more extreme than the one obtained, assuming that the proportion of women who support the female candidate
• Is less than the proportion of men.

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Definitions:

Cost Accounting System

A method of accounting for the collection, recording, classification, analysis, and allocation of direct costs, indirect costs, and overheads to cost units and cost centres for budgeting, controlling, and decision making.

General Accounting System

The underlying system and processes used to record, classify, and report on financial transactions and conditions, ensuring accuracy and compliance with regulations.

Manufacturing Company

A type of business that produces finished goods from raw materials through the use of labor, machinery, and equipment, oftentimes in a systematic and standardized process.

Job Order Production

A production system where products are manufactured based on specific orders rather than mass production.