Find the P-Value for the Indicated Hypothesis Test

question 33

Multiple Choice

Find the P-value for the indicated hypothesis test.
-Find the P-value for a test of the claim that less than 50% of the people following a particular diet will experience increased energy. Of 100 randomly selected subjects who followed the diet, 47 noticed an increase in their energy level.

• A)0.2257
• B)0.2743
• C)0.7257
• D)0.5486

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Definitions:

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its shareholders as dividends.

Equity Method

An accounting technique used to record investments in other companies, recognizing income based on the investee's profit or loss.

Depreciation Purposes

The allocation of the cost of a tangible asset over its useful life for accounting and tax purposes, reflecting its consumption, wear and tear, or obsolescence.

Intra-Entity Asset Transfers

Movements of assets from one part of a business to another within the same corporation, often for accounting or strategic purposes.