The Table Below Shows the Gender and the Percentage of Each

question 7

Multiple Choice

The table below shows the gender and the percentage of each gender that spent different amounts at a local hardware store. The data was taken from a random sample of single shoppers collected over five consecutive Saturdays at the hardware store. Choose the reason(s) why you cannot do a Chi-square test with this data. $$\begin{array} { | l | c | c | c | } \hline & \$ 0 - \$ 20 & > \$ 20 - \$ 50 & > \$ 50 \\\hline \text { Male shopper } & 27 \% & 42 \% & 31 \% \\\hline \text { Female shopper } & 46 \% & 35 \% & 19 \% \\\hline\end{array}$$

• A) The data are from the entire population, not a sample, so inference is unnecessary.
• B) There is not enough information to convert the percentages to counts.
• C) The samples were not collected randomly.
• D) All of these.

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Definitions:

Statement of Stockholder's Equity

A financial statement that shows the changes in the value of a company's equity over a reporting period.

Balance Sheet

A detailed statement reflecting a company's tangible assets, owed liabilities, and shareholder equity at a particular time.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, usually a fiscal quarter or year.

Statement of Cash Flows

A financial report that offers comprehensive details on all cash receipts and expenditures a company incurs from its operational activities and external funding sources.