Assume That a Hypothesis Test of the Given Claim Will

question 36

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
-A researcher claims that 62% of voters favor gun control. Identify the type II error for the test.

• A)The error of failing to reject the claim that the proportion favoring gun control is 62% when it is actually different than 62%.
• B)The error of rejecting the claim that the proportion favoring gun control is more than 62% when it really is more than 62%.
• C)The error of rejecting the claim that the proportion favoring gun control is 62% when it really is less than 62%.

---

Definitions:

Theory of Constraints

A management paradigm that focuses on identifying and addressing the most significant limiting factor (constraint) that hinders achieving a goal, and systematically improving that constraint until it is no longer the limiting factor.

Contribution Margin

Contribution margin is the amount by which a product's sales price exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.

Bottleneck Process

A bottleneck process is a stage in production that reduces the efficiency of the operation due to limited capacity, slowing down the overall process flow and impacting productivity.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services.